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Read the Paragraph Below and Answer the Questions That Follow

question 114

Multiple Choice

Read the paragraph below and answer the questions that follow it.
(1) According to a study conducted by the United Nations, Americans work much longer hours than Europeans. (2) In the United States, about 86% of men and 66% of women work more than 40 hours per week. (3) In contrast, few Europeans ever work over 40 hours per week, and full-time workers in several European counties, such as France, work as little as 30-35 hours per week. (4) The average American puts in 1,800 hours per year on the job; in some European counties, full-time workers put in as few as 1,400 hours per year. (5) Companies typically give their full-time American employees only two week's paid vacation every year whereas they give European workers 4-6 week's annual vacation leave. (6) European counties have laws that guarantee workers a minimum amount of vacation time and limit the length of the workweek to a maximum of 48 hours. (7) The United States, however, has no such laws for its workers.
-What two things are being compared and/or contrasted?

Recognize the advantages and disadvantages of survey research.

Identify alternatives to random assignment in experiments.

Explain how confounding variables affect internal validity in experiments.

Describe the rationale behind random assignment in experiments.

Definitions:

Standard Budgeted Rates

Predetermined costs used in budgeting and costing processes to standardize the allocation of expenses for labor, materials, and overhead.

Predetermined Overhead Rates

Rates established in advance to allocate overhead costs to products or job orders, based on estimated costs and activity levels.

Practical Capacity

The maximum amount of work that can realistically be achieved in a production process, accounting for unavoidable disruptions like maintenance and downtime.

Budgeted Capacity

The amount of production volume planned for a period, which is used for budgeting and planning purposes.