Answer:
Checking for students' understanding of a concept by asking them to apply the concept to other contexts.
Explanation:
Concept formation is an inductive teaching technique that enhance discovery learning and helps to get clear understanding of a concept in pupils by using psychological processes such as observation, analysis, hypothesis, generation and testing a small set of the concepts.
Mr. Lui utilized the strategy of checking for students' understanding of a concept by asking them to apply the concept to other contexts in his homework assignment.
Answer:
The approach that further attempts to model real world uncertainty by analyzing projects the way one might analyze gambling strategies is called Monte Carlo simulation.
The correct answer is D
Explanation:
Monte Carlo simulation is an idea of taking random samples from a mathematical model that represents a real life situation. It is an approach that attempts to model real world uncertainty into the evaluation of projects.
Answer:
19.63%
Explanation:
The percentage in the labor force is the number of employed people as a percentage of the total population. Labor force or labor force participation rate included working and those seeking work.
In this case, the percentage in the labor force
=32,000,000/163,000,000 x 100
=32/163 x 100
=0.196319 x 100
=19.63%
Answer: Option (A) is correct.
Explanation:
Given that,
overhead to each unit produced = $7.50
Department 1:
Manufacturing overhead costs = $74,358
Direct labor hours (DLH) = 6,610
Machine hours = 700 MH
Department 2 :
Manufacturing overhead costs = $49,572
Machine hours = 800 MH
Total Overheads = Manufacturing overhead cost of department 1 + Manufacturing overhead cost of department 2
= $74,358 + $49,572
= $123,930
Total Direct Labor Hours:
= 16,524
Direct Labor Hours for Department 2:
= Total Direct Labor Hours - Direct labor hours of department 1
= 16,524 - 6,610
= 9,914 DLH
The most reliable procedure for an auditor to use to test the existence of a client's inventory at an outside location would be to: Observe physical counts of the inventory items.
<h3>
Which of the following audit procedures is best to perform to determine that company legally owns inventories?</h3>
To best ascertain that a company has properly included merchandise that it owns in its ending inventory, the auditors should review and test the: Purchase cutoff procedures. Purchase cutoff procedures should be designed to test whether all inventory Owned by the company was recorded.
Observe merchandise and raw materials during the client's physical inventory taking.
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