Of the four approaches to capacity expansion, the approach that "straddles" demand:
A) uses incremental expansion.
B) uses one-step expansion.
C) at some times leads demand, and at other times lags.
D) works best when demand is not growing but is stable.
E) Choices A and C are both correct.
E
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Which of the following statements is true if a bond is issued for an amount equal to its face value?
A) The bond's stated interest rate is less than the prevailing market interest rate at time of sale. B) The bond's stated interest rate is the same as the prevailing market interest rate at time of sale. C) The bond's stated interest rate is more than the prevailing market interest rate at time of sale. D) The bond is not secured by specific assets of the issuer.
In earned value management, schedule variance is defined as:
A) The difference between the earned value and the actual cost. B) The difference between the earned value and the planned value. C) The difference between the actual cost and the planned value. D) The difference between the cost and schedule performance indices multiplied by the budgeted cost at completion.