David Desreumaux, VP of Human Resources of American First Banks $\alpha$

question 2

Multiple Choice

David Desreumaux, VP of Human Resources of American First Banks (AFB) , is reviewing the employee training programs of AFB.Based on a recent census of personnel, David knows that the variance of teller training time in the southeast region is 8, and he wonders if the variance in the southwest region is the same number.His staff randomly selected personnel files for 15 tellers in the southwest region, and determined that their mean training time was 25 hours and that the standard deviation was 4 hours.Assume that teller training time is normally distributed.Using $\alpha$ = 0.10, the critical values of chi-square are ________.

• A)7.96 and 26.30
• B)6.57 and 23.68
• C)-1.96 and 1.96
• D)-1.645 and 1.645
• E)-6.57 and 23.68

Understand the fundamentals of payroll accounting including gross pay, deductions, and net pay.

Calculate and distinguish between various payroll taxes and liabilities including FICA, FUTA, and SUTA taxes.

Identify and understand short-term financial instruments like notes payable, including their interest calculations and maturity values.

Explain the times interest earned ratio and its implications on a company’s ability to meet its interest obligations.

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Definitions:

Sense of Humor

An individual's capacity to appreciate, produce, or enjoy humor.

Longitudinal

A research approach that follows the same subjects over a period of time to observe changes.

Twins Study

A research method used in genetic and psychological studies to assess the relative impact of hereditary and environmental factors by comparing identical and fraternal twins.

Periodical

A publication, such as a magazine, journal, or newspaper, that is published at regular intervals over an indefinite period.