After Your Coders Helped You Rank the Reasons for Coding

question 1001

Multiple Choice

After your coders helped you rank the reasons for coding errors in the order of their importance, you then plotted the results on the chart above. The results of your work surprise you because

• A) you expected the coders to put more emphasis on time pressure.
• B) you thought limited training was the primary reason for the errors.
• C) the rankings show surprising disagreement on the issue.
• D) the results appear to violate the Pareto principle.

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Definitions:

Bretton Woods System

A monetary management system established in 1944, which set fixed foreign exchange rates for currencies in relation to the U.S. dollar and established the International Monetary Fund (IMF) and the World Bank.

World Economy

The global network of economic activities and interactions among countries' economies, including trade, investment, and currency exchange.

Gold Production

The process of extracting gold ore from the earth and refining it into pure gold.

Balance of Payments

A record of all economic transactions between the residents of a country and the rest of the world in a given period of time, which includes the trade balance, foreign investments, and loans.