When a percentage of measurements fall outside specification limits, the process is capable

Indicate whether the statement is true or false


False

Business

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Innovate Company borrowed on a one-year, 10%, $150,000 note on May 1, 2014 with interest and principal to be paid at maturity. How much interest should Innovate Company report on its income statement for the year ending December 31, 2015?

a. $ 10,000 b. $ 15,000 c. $ 30,000 d. $ 5,000

Business

Which dimension of personality from the Big Five model focuses on being curious, creative, and receptive to new ideas?

A. openness to experience B. conscientiousness C. neuroticism D. extroversion

Business

Bacot Products, Inc., has a Valve Division that manufactures and sells a number of products, including a standard valve that could be used by another division in the company, the Pump Division, in one of its products. Data concerning that valve appear below:   Capacity in units 60,000Selling price to outside customers$53Variable cost per unit$28Fixed cost per unit (based on capacity)$17?The Pump Division is currently purchasing 8,000 of these valves per year from an overseas supplier at a cost of $47 per valve.?Assume that the Valve Division has enough idle capacity to handle all of the Pump Division's needs. What should be the minimum acceptable transfer price for the valves from the standpoint of the Valve Division?

A. $28 per unit B. $47 per unit C. $53 per unit D. $45 per unit

Business

The structure of an organization is defined as

A. the basic purpose of the organization. B. the sum of the individual working arrangements in place in an organization. C. a system of task, reporting, and authority relationships. D. a system of relationships that provides a framework of people. E. the basis through which individual activities are monitored.

Business