Which of the Following Statements Is Correct Concerning the Days

question 84

Multiple Choice

Which of the following statements is correct concerning the days' sales in raw materials inventory ratio?

• A)It measures how long it takes raw materials to be used in production.
• B)The ratio is not useful for a manufacturer.
• C)Reveals how many times a company turns over its raw materials inventory in a period.
• D)Most companies generally prefer a higher number of days' sales in raw materials inventory.
• E)Is calculated by taking the Raw materials used/Average raw materials inventory.

Calculate the standard deviation of a normal distribution given the mean and percentile.

Interpret the mean and standard deviation in the context of real-world normal distributions.

Determine cutoff values for specific percentiles within a normal distribution.

Identify cutoff values for middle percentages in a normal distribution.

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Definitions:

Age Discrimination in Employment Act

U.S. federal law aimed at protecting employees and job applicants aged 40 and older from discrimination based on age in hiring, promotion, discharge, compensation, or terms, conditions, or privileges of employment.

Prima Facie Case

Evidence that, unless rebutted, is sufficient to prove a particular proposition or fact in a court of law.

Termination

In a contract, the point at which an offer can no longer be accepted as part of a binding agreement or an offeree no longer has the power to form a legally binding contract by accepting the offer; can occur through revocation by the offeror, rejection by the offeree, death or incapacity of the offeror, destruction or subsequent illegality of the subject matter of the offer, or lapse of time or failure of another condition stated in the offer.

Inference of Discrimination

Inference of discrimination refers to a conclusion drawn from indirect evidence suggesting discriminatory practices based on race, gender, age, or other protected characteristics.