The mode is the most useful measure of central tendency if the data is ordinal

A descriptive synopsis

A) tells what the report is about in moderately greater detail than the table of contents. B) includes the actual findings of the report. C) presents the main points of the report in the order they appear in the text. D) replaces the table of contents. E) is preferable if your report is organized using the direct approach.

Which of the following statements is most likely true regarding the objective-and-task method of budget setting?

A) It forces management to spell out its assumptions about the relationship between the money spent and promotion results. B) It is the simplest and least time consuming method to use. C) It is the least logical budget-setting method. D) It involves setting the promotion budget to match competitors' outlays. E) It wrongly views sales as the cause of promotion rather than as the result.