Ruby Corporation Has the Following Sales Budget for the Last

question 146

Multiple Choice

Ruby Corporation has the following sales budget for the last six months of 20X0: $$\begin{array} { l l l l } \text { July } & \$ 100,000 & \text { Octob er } & \$ 90,000 \\\text { August } & 80,000 & \text { N ovemb er } & 100,000 \\\text { September } & 110,000 & \text { D ecember } & 94,000\end{array}$$ Historically, the cash collection of sales has been as follows: 65% of sales collected in month of sale 25% of sales collected in month following sale
8% of sales collected in second month following sale 2% of sales are uncollectible
Is the expected cash collection in October.

• A) $92,400
• B) $99,500
• C) $58,500
• D) None of these answers is correct.

Interpret the coefficients in a multiple regression model concerning changes in the dependent variable.

Understand the coefficient of determination in multiple regression and its significance.

Identify the implications of multicollinearity in a multiple regression model.

Calculate the number of independent variables in a multiple regression model based on given data.

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Definitions:

Growth-need Strength

The degree to which an individual needs personal growth, development, and intrinsic motivation at work.

Job Enrichment

Job enrichment is a process that enhances job satisfaction and employee motivation by integrating more meaningful tasks, giving workers more control over their duties, and offering opportunities for personal growth.

Higher Order Needs

Are esteem and self‐actualisation needs in Maslow’s hierarchy.

Core Job Characteristics

Fundamental attributes of a job that affect an employee's work engagement and motivation, which include skill variety, task identity, task significance, autonomy, and feedback.