The highest point of a normal curve occurs at

A. one standard deviation to the right of the mean.
B. two standard deviations to the right of the mean.
C. approximately three standard deviations to the right of the mean.
D. the mean.


Answer: D

Business

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Ron and several fellow workers of Vicy, Inc., a small manufacturing company, wished to organize a union. When Vicy learned of this activity, it issued a bulletin to all workers stating that a union would only hurt the company and that "we are a family that can solve any problems ourselves -- we do not need union activists from outside our company trying to tell us what to do!" Which statement is correct concerning the bulletin issued by Vicy?

A. Vicy has committed an unfair labor practice. Vicy must remain neutral during the organizing drive. B. Vicy has committed an unfair labor practice. The bulletin constitutes outrageous interference with the union organizing campaign. C. Vicy has not committed an unfair labor practice. An employer may vigorously present anti-union views to its employees. D. Whether Vicy has committed an unfair labor practice depends on whether the bulletin was approved by the NLRB.

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Which of the following is NOT a benefit of a static budget performance report?

A) It is useful in evaluating a manager's effectiveness when actual sales approximate budgeted amounts. B) It is useful in evaluating a manager's control over fixed costs. C) It is useful in evaluating a manager's control over variable costs. D) It is useful in evaluating a manager's control over fixed selling and administrative expenses.

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The amount of the depreciation expense for the second full year of use of a fixed asset costing $100,000, with an estimated residual value of $5,000 and a useful life of 4 years, is $25,000 by the declining-balance method at twice the straight-line rate

Indicate whether the statement is true or false

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When identifying the optimal maintenance policy, the cost of inventory maintained to compensate for the downtime is a cost often ignored

Indicate whether the statement is true or false

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