Table 2.15 an Analyst Notes the Time That Customer Appointments End with End

question 25

Multiple Choice

Table 2.15
An analyst notes the time that customer appointments end with a tax preparer that is assigned customers requiring only the 1040EZ form.The times indicated in the table represent the departure times of the first eight clients for one tax preparation specialist.

-Which statement about Table 2.15 is BEST?

• A)Learning effects are not present because the time between successive customer departures is not always shorter than the preceding time.
• B)Learning effects are present,but the actual percentage reduction cannot be determined.
• C)Learning effects are present because in general the time between successive departures drops
• D)Learning effects are present here but the actual percentage reduction cannot be determined

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Definitions:

Accounts Payable

A liability account on the balance sheet, representing the company's obligation to pay off a short-term debt to its creditors or suppliers.

Sales Tax Payable

The amount of sales tax collected from customers that a business owes to the government.

Sales Tax

A tax imposed by a government on the sale of goods and services.

List Price

The manufacturer's suggested retail price of a product before any discounts or allowances.