________ placement of securities restricts the ability to resell the securities, thus investors often require ________ interest rates on bonds issued in this manner
A) Private; lower
B) Private; higher
C) Public; higher
D) Public; identical
B
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________ is (are) a type of secondary data in which the data collected and/or the process of collecting the data are standardized for all users
A) Basic data B) Complex data C) Written data D) Standardized information E) Syndicated data
Assume that a time-series forecast is generated for future demand and subsequently it is observed that the forecast method did not accurately predict the actual demand
Specifically, the forecast errors were found to be: Mean absolute percent error = 10% Cumulative sum of forecast errors = 0 Which one of the statements concerning this forecast is TRUE? A) The forecast has no bias but has a positive standard deviation of errors. B) The forecast has a positive bias and a standard deviation of errors equal to zero. C) The forecast has no bias and has a standard deviation of errors equal to zero. D) The forecast has a positive bias and a positive standard deviation of errors.
Wolanski Corporation has provided the following data for its most recent year of operations: Selling price per unit$48Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$11Direct labor$5Variable manufacturing overhead$5Fixed manufacturing overhead per year$110,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$4Fixed selling and administrative expense per year$71,000 Units in beginning inventory 0Units produced during the year 11,000Units sold during the year 8,000Units in ending inventory 3,000 The unit product cost under absorption costing is closest to:
A. $31.00 B. $21.00 C. $10.00 D. $35.00
The acronym RFP stands for:
A) request for proposal. B) requirement for program. C) review of product. D) request for product.