ETS MFT Business Exam Version 3 Newest 2025/2026
Complete All Questions And 100%Correct Detailed
Answers (Verified And Graded A+||Brand New
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Which of the following are/is potential ways to find the
price of what a produced product should cost?
a) product cost concept
b) total cost concept
c) variable cost concept
d) all of the above - ANSWER-d) all of the above
In a permutation, the order of arrangement does not
matter.
True or False - ANSWER-False
,2|Page
A population is the entire set of individuals, or objects or
interest, or the measurements obtained from all
individuals.
True or False - ANSWER-True
A Standard Deviation is a constant interval throughout a
normal curve distribution.
True or False - ANSWER-True
When controlling a Six Sigma process, Statistical Process
Control (SPC) is an extremely effective methodology.
True or False - ANSWER-False
,3|Page
Mutually exclusive is defined as the occurrence of one
event and that none of the other events can occur at the
same time.
True or False - ANSWER-True
A hypothesis is a statement about a sample subject to
test.
True or False - ANSWER-False
All of the following are surface level diversity except
a) physical disabilities
b) race/ethnicity
c) age
d) emotional stability - ANSWER-d) emotional stability
, 4|Page
Disadvantages of teams include all of the following except
a) disadvantages of group decision making
b) initially high employee turnoever
c) social loafing
d) diversity - ANSWER-d) diversity
Pay variability include all the following except
a) DRIP bonuses
b) commission
c) stock options
d) piecework - ANSWER-a) DRIP bonuses