The difference in cost between two alternatives, such as to make a component part of a final product versus buying the part from an outside supplier is called:
a. Variable cost.
b. Differential cost.
c. Product cost.
d. Indirect cost.
b
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The time required to produce one unit of a product is the:
A) efficiency B) velocity C) speed D) cycle time
Scope constraint refers to the amount of time available to complete a project
Indicate whether the statement is true or false
Which of the following statements about workers compensation insurance is (are) true?
I. Under the workers compensation part of the policy, the insurer agrees to pay the benefits required by the workers compensation law of any state listed in the policy declarations. II. The employers liability part of the policy provides workers compensation benefits when employees are working in states other than those listed in the policy declarations. A) I only B) II only C) both I and II D) neither I nor II
Which of the following is true about the CISG?
A) The full title is The United States Convention on Contracts for the International Sale of Goods. B) It does not apply to contracts in which the primary obligation of the party furnishing the goods consists of supplying labor or services. C) The CISG governs the formation of the contract, the rights and obligations of the seller and buyer arising from such contract, and the validity of the contract provisions. D) All of these.