In time studies, normal time is:
A) average observed time multiplied by a performance rating factor.
B) larger than standard time.
C) determined by historical experience.
D) converted to standard time by the performance rating factor.
E) one hour later during the summer months.
A
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Section 14(a) of the Securities Exchange Act gives the Securities and Exchange Commission (SEC) the authority to regulate ________
A) the formation of the board of directors of a corporation B) mergers between two or more corporations C) issues of shares by a corporation D) the solicitation of proxies by a corporation
The purchase of goods and services as they are needed, usually at prevailing market prices, best defines
A) direct materials. B) consolidation. C) spot buying. D) strategic sourcing.