The first unit of production takes 20 hours to produce and the learning rate is expected to be 90 percent. How long will it take to produce the twelfth unit?

A) less than or equal to 11.0 hours
B) greater than 11.0 hours but less than or equal to 13.0 hours
C) greater than 13.0 but less than or equal to 15.0 hours
D) greater than 15.0 hours


C

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On September 12, Vander Company sold merchandise in the amount of $8600 to Jepson Company, with credit terms of 2/10, n/30. The cost of the items sold is $5400. Jepson uses the periodic inventory system and the gross method of accounting for purchases. The journal entry that Jepson will make on September 12 is:

A.

Purchases5400? 
  Accounts receivable 5400?

B.
Accounts payable5400? 
  Merchandise inventory 5400?

C.
Merchandise inventory8600? 
  Accounts payable 8600?

D.
Purchases8600? 
  Accounts receivable 8600?

E.
Purchases8600? 
  Accounts payable 8600?

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Tau b, tau c, and gamma are available to measure association between two ________-level variables

A) nomimal B) ordinal C) interval D) ratio

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What type of performance appraisal error is involved in the statement “You came early to class and therefore you must be a good overall student”?

A. bias B. halo C. similarity D. stereotyping E. distributional

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Plant tours do not represent a good source of product information

Indicate whether the statement is true or false

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