Abel Alonzo, Director of Human Resources, Is Exploring Employee Absenteeism

question 15

Multiple Choice

Abel Alonzo, Director of Human Resources, is exploring employee absenteeism at the Harrison Haulers Plant during the last operating year.A review of all personnel records indicated that absences ranged from zero to twenty-nine days per employee.The following class intervals were proposed for a frequency distribution of absences: Absences Number of Employees
(Days)
0-under 10 -
10-under 20 -
20-under 30 -
Which of the following might represent a problem with this set of intervals?

• A)There are too few intervals.
• B)Some numbers between 0 and 29 would not fall into any interval.
• C)The first and second interval overlaps.
• D)There are too many intervals.
• E)The second and the third interval overlap.

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Definitions:

Intangible Assets

Assets that lack physical substance but have economic value due to rights, privileges, or advantages they confer to the business, such as patents, trademarks, and copyrights.

Amortized

The process of gradually reducing debt through regular payments over a set period, covering both the principal and interest.

Amortization Expense

The method of slowly expensing the original cost of a non-physical asset throughout its lifetime of use.