Which of the following typically shows the hierarchy of components, their description, and the quantity of each required to make one unit of a product?
A) an engineering drawing
B) an assembly drawing
C) a bill of material
D) an assembly chart
E) a route sheet
C
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Which statement is false regarding boats under a Homeowners Policy?
A) Wind damage only applies if the boat is in a fully enclosed building. B) Theft of the boat applies while away from the premises. C) A $1,500 limit applies to the boat including all equipment and trailer. D) Hail damage only applies if the boat is in a fully enclosed building.
A possible unintended effect of business legislation is ________
A) restricting fair competition in the market B) encouraging unbridled business behavior C) reducing the social cost of producing a particular commodity D) exposing consumers to unfair trade practices E) slowing economic growth