The activity variance for revenue is favorable if the actual revenue for the period exceeds the revenue in the static planning budget.
Answer the following statement true (T) or false (F)
False
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The Internet has changed the world. Web 1.0:
A) transformed traditional retailing by selling goods and services over the Internet B) offered consumers a way to communicate with each other through e-mail C) creates online communities that connect buyers and sellers in new ways D) provided businesses with an opportunity to save money
People who are ________________ are generally passive and take very little action to change the circumstances surrounding them.
a. Low in proactive personality b. High self-monitors c. High in proactive personality d. Low self-monitors
What is optimization?
A. A statistical process for estimating the relationships among variables. B. A statistical process that finds the way to make a design, system, or decision as effective as possible, for example, finding the values of controllable variables that determine maximal productivity or minimal waste. C. A statement about what will happen or might happen in the future such as future sales or employee turnover. D. Predictions based on time-series information.
A company wants to select one product from a set of 3 possible products. Which of the following ensures that only one product will be selected?
A) XA + XB + XC = 1 B) XA + XB + XC ? 1 C) XA + XB + XC ? 1 D) XA + XB + XC ? 0 E) XA - XB - XC = 1