Greg, a Manager at a Car Repair Shop, Must Identify

question 76

Multiple Choice

Greg, a manager at a car repair shop, must identify one-third of his mechanics as above average, one-third as average, and one-third below average. Greg is being asked to use a:

• A)rank-ordered comparison.
• B)forced distribution.
• C)normal distribution.
• D)paired comparison.

---

Definitions:

Purchases

The total amount of goods and materials acquired by a business for resale or production within an accounting period.

Cost of Goods Available

The total cost of a company's inventory that is available for sale during a certain period.

Net Purchases

The total purchases minus returns, allowances, and discounts.

Beginning Inventory

The financial value of stock prepared for transaction at the start of a bookkeeping period.