A systematic inaccuracy in a statistic in measuring what it is intended to measure is considered…

a. bias
b. variability
c. variance
d. skew


a. bias

Business

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______________________________ is an inventory management approach where inventory needs and inventory production capabilities are matched across the entire global enterprise

Fill in the blank(s) with correct word

Business

The relative cost of a product in different countries refers to ______.

a. purchasing power b. balance of trade c. standard of living d. exchange rate

Business

Which of the following is a present value method of analyzing capital investment proposals?

A) Average rate of return B) Cash payback method C) Accounting rate of return D) Net present value

Business

A permanent fund classified under governmental funds:

A. Accounts for resources that are legally restricted so only earnings, not principal, may be expended, and for purposes to benefit the government and its citizenry. B. Accounts for most of the basic services provided by the governmental unit. C. Accounts for services provided by one department of a government to another. D. Accounts for financial resources intended for major capital projects.

Business