Based on the last 15 periods the underlying trend of sales is y = 345.12 - 1.35x. If the 16th period has a seasonal factor of -23.62, assuming an additive forecasting model, what is the forecast for that period, in whole units?
A. 300
B 301
C. 324
D. 325
Which of the following statements about training and development is false?
A A gap between current performance and required performance is a learning gap which requires training.
B Training and development activities can have measurable benefits for organisations.
C Education may form part of training, which in turn may form part of employee development.
D A 'learning organisation 1 is one which facilitates the learning of all its members.
In the context of performance appraisal, what does the term 'tell and listen' refer to?
A An approach to appraisal interviewing
B. An approach to upward appraisal
C. A barrier to effective appraisal (1 mark)
In the context of motivation, workers may have the attitude that work is not an end in itself, but a means to other ends, through earning financial rewards.
What term is given to this attitude?
A Theory Y
B Job enrichment
C Instrumental orientation
In the context of selection interviewing, which TWO of the following types of question might you use to
pin down a candidate who seems reluctant or unable to give a definite answer?
A.Open
B.Closed
C.Leading
D.Probing (2 marks)
A manufacturing company's overtime is being worked for a specific order. The amount of overtime premium contained in direct labor wages would normally be classed as:
A. Selling cost
B. Prime cost
C. Overheads
D. Administrative cost
Alice is responsible for giving a ruling on matters in dispute and choose appropriate member to sit in the committee.
Which of the followings is her role?
A. Committee secretary
B. Committee member
C. Committee chair
Which of the following statements is true?
A. An entity must choose either the cost model or the revaluation model for each class of intangible assets
B. The intangible assets with useful life of more than 20 years are classified as intangible assets with indefinite lives
C. Both the intangible assets with finite lives and infinite life should be amortised annually
D. The change in the useful life assessment of intangible assets from indefinite to finite should be accounted for as change in an accounting policy
Which two of the followings are examples of intangible assets?
A. Goodwill
B. Revalued property
C. Capitalised development costs
D. Inventory held for sale
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