When Time and Billing Is Set Up for a Service

question 10

Multiple Choice

When time and billing is set up for a service activity -

• A)the pricing tab details are not used
• B)prices are taken from the pricing tab screen and applied to the time-based rates or flat fee
• C)all regular price and preferred price customers pay the same prices
• D)customers are not charged HST on the activity,only GST is charged

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Definitions:

Expected Value

The average of all possible outcomes of a random variable, weighted by their probabilities.

Target Value

A specific, planned value for a variable or outcome that a process aims to achieve.

Process Uniformity

Process uniformity refers to the consistency and regularity of a manufacturing process, ensuring that products are produced with minimal variation and meet quality standards.

Range

The difference between the highest and lowest values in a dataset.