Exhibit 9-2
Bowline Inc -Refer to Exhibit 9-2

question 24

Multiple Choice

Exhibit 9-2
Bowline Inc.is a distributor which sells one product for $60 per unit.Bowline pays $33 to buy the product.In addition,fixed costs total $42,000 per month.Bowline wishes to maintain an inventory at the end of each month equal to 25% of the next month's projected sales.Purchases are paid in the month after purchase.
Bowline makes all sales on credit and collects 30% in the month of sale and 70% in the month after sale.Budgeted monthly sales in units for the first five months of 2013 are as follows:
$\begin{array}{ll}\text { January } & 20,000 \text { units } \\\text { February } & 25,000 \text { units } \\\text { March } & 28,000 \text { units } \\\text { April } & 30,000 \text { units } \\\text { May } & 26,000 \text { units }\end{array}$
-Refer to Exhibit 9-2.What will accounts receivable be at the end of February?

• A)$450,000
• B)$1,500,000
• C)$1,050,000
• D)$375,000
• E)None of the answer choices is correct.

Understand the purpose and application of different types of tests (aptitude, achievement) in the selection process.

Recognize the importance and methods of ensuring reliable measurement in employee selection.

Know the role of interviews in the selection process and their accuracy.

Understand the impact of legislation on the collection and use of applicant information.

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Definitions:

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Documents that provide facts and data without analysis or recommendations, intended to inform the reader about a specific topic.

Yardstick Approach

Logical argumentation approach that uses a number of criteria to evaluate one or more possible solutions.

Logical Arguments

Reasoning structured in a way that follows principles of logic, typically involving premises that lead to a conclusion.

Hypothesis

A potential explanation that needs to be tested.