Inefficient usage of labor implies a(n)

A) unfavorable variable overhead efficiency variance
B) favorable variable overhead efficiency variance
C) unfavorable variable overhead spending variance
D) favorable variable overhead spending variance
E) both unfavorable variable overhead efficiency variance and unfavorable variable overhead spending variance


A

Business

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In the liquidity-preference model, the slope of the money supply curve implies that

A. money demand varies directly with the nominal interest rate. B. money supply varies directly with the nominal interest rate. C. nominal interest rate has no effect on the money demand. D. nominal interest rate has no effect on the money supply.

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Disregarding risk, if money has time value, it is impossible for the future value of a given sum to exceed its present value.

Answer the following statement true (T) or false (F)

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The most important metric in the airline industry is _____, which is how much it costs to fly a passenger one mile of the journey.

A. cost per available seat-mile (CASM) B. cost per available seat (CAS) C. cost per mile (CM) D. cost per hour (CH)

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Although internal databases can be accessed more quickly and cheaply than other information sources, one of the challenges of internal databases is ________

A) the inability to access B) maintaining the current database C) the lack of sophisticated equipment and technologies D) decision making about data collection software E) putting the customer at the center of all decisions

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