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xenn [34]
3 years ago
13

A researcher developing scanners to search for hidden weapons at airports has concluded that a new scanner isis significantly be

tter than the current scanner. he made his decision based on a test using alpha equals 0.025 .α=0.025. would he have made the same decision at alpha equals 0.10 question mark α=0.10? how about alpha equals 0.01 question mark α=0.01? explain
Business
1 answer:
Masteriza [31]3 years ago
3 1

There is not enough information in this question to answer it. You cannot determine significance with just the alpha value. You need the actual test statistic (p-value) to determine this.

If the p-value is less than the alpha value, you reject the null hypothesis (the there is no difference).

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What force have caused cost and management accounting system designed decade's ago to become less relevance and less valuable fo
kherson [118]

Answer with its Explanation:

The forces that had lessened the importance of the cost and management accounting systems in today's dynamic world are as under:

  • The ancient bookkeeping and the costing techniques were very time consuming and the accounting systems were also not integrated with the financial accounting systems. Today we have very robust and integrated systems which helps the management of the business operations nation wide with greater security and better performance than the previous old versions.
  • The complexity of the organization operations have resulted in origination of additional management accounting techniques that were adapted in the form of automated software, that are used to produce management reports on daily, weekly, monthly and yearly basis. The examples include the Throughput costing, Activity based costing, Bench-marking techniques, etc.
  • The activities automation has led to attaining of maximum efficiency possible in some areas which wasn't possible in the past. The robots management systems, activity automation, etc has increased the fixed cost share in the total cost and the variable cost has become a very minute share of the total cost of the activity. This variable cost which is often referred to as controllable cost, is very less in percentage share of total cost today than 10 years back. In the future, we will see it as a very very very small share of total cost. This makes the today's management costing techniques obsolete and requires new solutions, new techniques, new softwares, etc. to manage the companies operations.
5 0
3 years ago
Salvatori, Inc., manufactures and sells two products: Product A4 and Product Q5. Data concerning the expected production of each
zimovet [89]

Answer:

Cost per unit of overhead = $330,891.46/550 = $601.62

Explanation:

Total units produced of A4 = 550

Activity                    Total cost          Activity rate of A4          Total Activity

Labor Related         $160,558             3,575 DLH                       6,550 DLH

Machine Setup        $8,050                 550 Setups                     1,000 Setups

Order Size               $497,027              3,700 MHs                      7,700 MHs

Total                         $665,635

Overhead applied to Product A4

Labor = \frac{160,558}{6,550} \times 3,575 = 87,632.80

Machine Setup = \frac{8,050}{1,000} \times 550 = 4,427.5

Order Size = \frac{497,027}{7,700} \times 3,700 = 238,831.16

Total Cost for 550 units = $87,632.80 + $4,427.5 + $238,831.16 = $330,891.46

Cost per unit of overhead = $330,891.46/550 = $601.62

8 0
4 years ago
Which of the following is an essential element of a valid real estate contract?
Svetlanka [38]

Answer:

Legal purpose

Explanation:

The contract is approved when there is an agreement and agreement should be enforced i.e.

Agreement + enforceability = contract

Now the element of the contract that become the contract to be valid is the legal purpose that means the contract that should be made should be legal in the court point of view i.e. feasible

Therefore the second option is correct

8 0
3 years ago
A(n) ____ business is one that is primarily based in a single country but sells and buys some meaningful share of its resources
meriva

<u>Full question:</u>

A(n) ____ business is one that is primarily based in a single country but that acquires some meaningful share of its resources and/or revenues from other countries.

a. international

b. domestic

c. multinational

d. intercontinental

e. global

<u>Answer:</u>

A(n) international business is one that is primarily based in a single country but that acquires some meaningful share of its resources and/or revenues from other countries.

<u>Explanation:</u>

International business comprises all marketing exercises that utilize place to support the shift of goods, assistance, sources, characters, ideas, and technologies over national borders. The development and progress of trades, production, analysis, and development, and distribution amenities in foreign markets.

The international business describes all of the commercial activities, both governmental and private, that practice place among various countries. With more countries engaging in global business, the race has warmed up and in turn, sparked more attention in international goods.

4 0
3 years ago
Which of these statements is incorrect regarding the federal income tax treatment of life insurance?
tatuchka [14]
The incorrect s<span>tatements regarding the federal income tax treatment of life insurance is </span>Entire cash surrender value is taxable.  
8 0
4 years ago
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