Table 2.15 an Analyst Notes the Time That Customer Appointments End with End

question 191

Multiple Choice

Table 2.15
An analyst notes the time that customer appointments end with a tax preparer that is assigned customers requiring only the 1040EZ form. The times indicated in the table represent the departure times of the first eight clients for one tax preparation specialist. The 1040EZ tax forms among the different customers are very similar. The tax preparer started the first return at 12:00pm.

-Based on Table 2.15, how long should it take the tax preparer to complete the 16th return of the day?

• A) 16 minutes
• B) 19 minutes
• C) 21 minutes
• D) 24 minutes

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Definitions:

Output

The quantity of goods or services produced within a given period.

Maximize Profits

The process or strategy aimed at achieving the highest possible profit margins by managing costs and increasing revenue.

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A unit of volume that is used for measuring quantities of agricultural produce such as grains.

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Different combinations of goods and services that a society can produce given its available resources and technology.