Answer:
Pulsing
Explanation:
Pulsing is the combination of flighting and persistent booking by utilizing a low promoting level lasting through the year and substantial publicizing during top selling periods.
Product classes that are sold all year yet experience a flood in deals at irregular periods are great possibility for beating.
Your employer has given you the task of increasing overall production within your department using the same number of permanent employees but no additional hours to complete the work. Which of the following is a possible solution?
1. Cutting vacation and sick time
2. Eliminating breaks and lunches
3. Incentivizing your employees to work harder
4. Turning a blind eye while employees work overtime
Answer:
3. Incentivizing your employees to work harder
Explanation:
Increasing production is the same as increasing productivity. This measures the ratio of output to input. It can improve by increasing outputs while keeping inputs constant or by reducing inputs while keeping outputs constant. The former applies to this case as the employees provide labour input which is constant but with an aim to increase production. You will therefore choose an option that would result in more output; that is incentivizing your employees to work harder.
To increase production with the same workforce, incentivizing employees to work harder by offering rewards or bonuses can improve morale, job satisfaction and productivity without needing extra manpower or hours.
Explanation:The task is to increase production with the same workforce and hours, so an effective way could be to incentivizing your employees to work harder. Options such as cutting vacation and sick time, eliminating breaks and lunches, or having employees work overtime without acknowledging it all lead to potential worker burnout and unethical practices. However, incentivizing workers can involve offering performance bonuses, public recognition, career advancement opportunities, or even non-monetary rewards for meeting or exceeding certain performance metrics or achieving specific goals. This can help boost morale, improve job satisfaction, and increase productivity without needing additional manpower or hours.
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In 1980, one Zimbabwean dollar was worth 1.47 U.S. dollars. By the end of 2008, the exchange rate was one U.S. dollar to 2 billion Zimbabwean dollars. When an economy experiences rapid increases in the price level such as what occurred in Zimbabwe, the economy is said to experience?
Answer:
Hyperinflation.
Explanation:
Hyperinflation occurs, according to economist Phillip D. Cagan, who developed the most widely accepted mathematical model of hyperinflation to this day, when the general price level in a economy increases by 50% in a single month.
The cause of hyperinflation is clear: an excessive growth of the money supply that is not accompanied by a smiliar growth in the output of the economy. The most common reason for this is governments printing money to meet spending demands.
This is exactly what happened in Zimbabwe: the government of former ruler Robert Mugabe was broke, and Mugabe resorted to printing money to pay for debts, for the military, among other things.
What is fundamentally incorrect with the hypothesis: "Salespeople are more likely to be successful when dealing with prospects who are similar to themselves in demographic characteristics, personality traits and attitudes than when their prospects have characteristics different from their own."?
Answer:
There is no research that supports the similarity hypothesis.
Explanation:
Imagine the opposite, that this hypothesis is true, then you would only purchase goods or services from a salesperson that is extremely similar to you. Think about the things that you have purchased lately (don't include internet purchases). Did the salesperson that sold them to you was similar to you, or did you buy the goods because the salesperson was similar to you? Unless you live in a very small town with little diversity, I doubt the answer would be yes.
That doesn't mean that having a salesperson similar to you is not useful. On some occasions, for example military recruiters (they sell the idea of joining the army), the salespeople need to be similar to the potential customers, e.g. high patriotism, like weapons, etc. But it doesn't apply to all the situations, it is more an exception than a rule.
In order to vote in Texas, you must meet which of the following requirements?
A. be a resident of Texas, a U.S. citizen, and at least 18 years of age
B. be a resident of Texas, a U.S. citizen, and at least 21 years of age
C. be a resident of Texas, a legal permanent resident of the U.S, and at least 18 years of age
Answer:
I think letter A is the right answer
In order to vote in Texas, an individual must be a resident of Texas, a U.S. citizen and at least 18 years of age.
Voting is a civic responsibility and contains requirements to be meant before a person can cast their vote.A United States citizen who must vote in Texas must first have resident of the Texas county in which application for registration is made.
The individual must at least 18 years old on Election Day and must not be convicted of a felony, or if convicted, must have fully discharged the sentence amidst other criterion.
Conclusively, periodic Voting is necessary to elect new leader of a country.
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Which stage of team development is marked by conflicts over the team's mission and the roles of team members?
a. norming stage
b. forming stage
c. performing stage
d. storming stage
Answer: option D
Explanation: Storming stage is really the toughest and perhaps most important phase to reach. When different personalities develop, it is a time characterized by tension and rivalry.
Throughout this point, team's performance might actually reduce as power is put in to the nonproductive operations. Representatives might well disagree with team objectives and it may form categories and subcultures all over big personalities or regions of contract.
Participants have to struggle to overcome barriers, accept differences between individuals, and work on squad functions and objectives via contradictory ideas to get over this level. At this point, teams may get embroiled. Lengthy-term issues may lead from inability to address disputes.
Answer:
C. performing stage
Explanation:
Harry has a new sports car that is insured with an Insurance Services Office, Inc. (ISO) Personal Auto Policy sold through his neighborhood agent. Because this is the first new car he's ever owned, Harry is interested in making sure he is fully covered and knowledgeable about his insurance policy. Which one of the following is true for Harry
Answer:
An insurance contract, like the ISO policy Harry purchased, has certain additional characteristics other than those of typical valid contracts.
Explanation:
Which one of the following is true for Harry?
Select one
A. An insurance contract, like the ISO policy Harry purchased, has certain additional characteristics other than those of typical valid contracts.
B. Harry understands his policy is modular one, combining various coverage forms and other documents especially tailored to his needs.
C. Harry can rest assured that if his new car is a total loss, he can expect to make a profit while being restored to his pre-loss financial position
D. As the policy is a contract of utmost good faith, both his insurer and his agent are the parties expected to be ethical in their dealings with one another.
Lucky Louie just inherited $50,000 from his great aunt, has $1,500 in his checking account, owns a car with a value of $8,000, and has $20,000 in his 401(k) at work. Louie owes $6,000 on his car, $12,000 on school loans and $3,000 on his credit card. What is Louie's net worth?
Answer:
$58,500
Explanation:
Net worth is the difference between total assets and total liabilities.
I.e network = Asset - Liabilities
For Louie: Assets
Inheritance $ 50,000.00
Checking account $ 1 ,500.00
Car $ 8,000.00
403 (k) $ 20,000.00
Total $ 79,500.00
Liabilities
Car loan $ 6,000.00
School fee loan $ 12,000.00
credit card $ 3, 0000.00
Total $21, 000.00
Net worth = $ 79,500- $21,000
=$58,500
If the price of coffee increases by 50% and the quantity demanded falls by 10%, then what is the price elasticity of demand for coffee?
a) 5
b) 2
c) 20
d) 1/5
Answer:
1/5
Explanation:
The demand is the total quantity of goods and services that consumers are willing and ready to purchase at all possible prices.
The price of a product is one of the many factors that affect its demand. There exists an inverse relationship between the quantity demanded of a product and its price. The quantity demanded of product increases as the price falls and vice versa. So changes in the price will affect the quantity consumers will buy.
However, the extent to which a change in price of a product affects its quantity is the focus of price elasticity of demand. It measures the degree of responsiveness of quantity demand to a unit change in price.
It is calculated as % change in quantity demanded / % change in price.
So let us apply this formula to this question; the price elasticity of demand
= 10%/50%= 1/5
Final answer:
The price elasticity of demand for coffee is calculated by dividing the percentage change in quantity demanded by the percentage change in price, resulting in a price elasticity of -0.2 or 1/5, which is option d).
Explanation:
To calculate the price elasticity of demand for coffee, we use the formula percentage change in quantity demanded divided by the percentage change in price. The question states that the price of coffee increases by 50% and the quantity demanded falls by 10%. Therefore, the price elasticity of demand for coffee is -10% / 50% = -0.2. The negative sign indicates that the relationship between price and quantity demanded is inverse, as is typical for price elasticity of demand.
Given the options provided, the correct answer for the price elasticity of demand for coffee would be d) 1/5 or -0.2 when we ignore the negative sign, as absolute value is often considered in elasticity discussions.
A family purchased a $90,000 lot to build a custom home. At the date of closing, the lot was assessed at $84,550 and the tax rate was $1.91 / $100 assessed valuation. When they completed the home, the assessment increased by $235,000 to include the new construction. If the monthly tax escrow is based on the assessed value, what will the monthly tax escrow be?
Answer:
$508
Explanation:
The total assessed value of the house is $319,550 (= $84,550 + 235,000).
The annual tax rate is calculated in 100s, therefore we must divide $319,550 by $100 = 3,195.5 which will be rounded up to 3,196 100s.
Now we multiply 3,196 x $1.91 = $6,104.36
to calculate the monthly payment we divide $6,104 by 12 = $508
On a certain day, Tim invested $1,000 at 10 percent annual interest, compounded annually, and Lana invested $2,000 at 5 percent annual interest, compounded annually. The total amount of interest earned by Tim’s investment in the first 2 years was how much greater than the total amount of interest earned by Lana’s investment in the first 2 years?
Answer:
$5
Explanation:
The value of investment after two years of investment by Tim can be calculate using the following formula:
Value of investment= P(1+i)^n
n=number of years=2
i=annual interest=10%
P= amount invested by Tim initially=$1,000
value of investment=1,000(1+10%)^2
=1,000(1.21)
=1,210
Interest earned by tim over the two years=1,210-1,000=210
The value of investment after two years of investment by Lana can be calculate using the following formula:
Value of investment= P(1+i)^n
n=number of years=2
i=annual interest=5%
P= amount invested by Lana initially=$2,000
value of investment=2,000(1+5%)^2
=1,000(1.1025)
=2,205
Interest earned by Lana over the two years=2,205-2,000=205
Excess interest earned by Tim over Lana=210-205=$5
Riya was a highly successful manager at Optics International. After 10 years with the company, she decided to leave and become a full-time mother and caregiver to her ailing father. This example demonstrates which of the following factors affecting women’s careers?
Answer:
The given example demonstrates the factor named 'Opt-out trend'.
Explanation:
According to the opt-out trend, working women tend to voluntarily leave their career for various reasons like maternity reasons, or to give more time to their family. This is generally because such women are either unable to maintain their work-life balance, or they prioritize their personal life over their professional and thus, opt for this option.
In 2008, the NBC television network used advertising, personal selling, public relations, and sales promotion to communicate with its target audience about its new show My Own Worst Enemy. The television network's _____ described its plan on how to use these tools most effectively.
a. mass communication mix
b. promotional strategy
c. selling plan
d. marketing mix
e. strategic goal
Answer: (B) Promotional strategy
Explanation:
The promotional strategy is one of the type of marketing strategy in which the various types of products and the services are get promoted by the various types of techniques such as public relation, advertising, sales promotion and the social media.
The promotional strategy provides various types of benefits as it increase the productivity of the products and the services in the market.
There are usually four types of promotional strategy that are:
AdvertisingPersonal selling Publicity Sales promotionTherefore, Option (B) is correct.
If Farmer Sam MacDonald can produce 200 pounds of cabbages and 0 pounds of potatoes or 0 pounds of cabbages and 100 pounds of potatoes and faces a linear production possibility frontier for his farm, the opportunity cost of producing an additional pound of potatoes is ________ pound(s) of cabbage.Choose one answer.a. 1/2b. 2c. 100d. 200
Answer:
B) 2
Explanation:
Since Sam MacDonald's faces a linear production possibility frontier and can produce 200 pounds of cabbages or 100 pounds of potatoes, then he can produce 2 pounds of cabbage for every pound of potato produced (= 200 pounds / 100 pounds).
For example, if he needed to produce 10 pounds of potatoes, then his opportunity cost would be 20 pounds of cabbages.
Mike calls Beth and asks her to referee a soccer game. Beth is not obligated to work the game. If she accepts the assignment and works the game, she is told the time of the game,she must wear an approved uniform, and she is paid a fee. Once on the pitch (field) she isin complete control. Beth is considered:
A. an incidental contractor.
B. a principal.
C. an employee agent.
D. an independent contractor.
Answer:
(D) An independent contractor
Explanation:
An independent contractor is an individual, business, or organization that gives merchandise or administrations under a composed agreement or a verbal understanding. In contrast to representatives, self employed entities don't work consistently for a business yet fill in as required, when they might be dependent upon law of organization. Self employed entities are generally paid on an independent premise.
Contractual workers frequently work through a restricted organization or establishment, which they themselves possess, or may work through an umbrella organization.
What is the relationship between a monopolist's demand curve and the market demand curve? A. A monopolist's demand curve is greater than the market demand curve. B. A monopolist's demand curve is the same as the market demand curve. C. A monopolist's demand curve is upward sloping and the market demand curve is downward sloping. D. The market demand curve has twice the slope of a monopolist's demand curve. E. The market demand curve is the sum of the demand curves for all firms in the market. What is the relationship between a monopolist's demand curve and its marginal revenue curve? A. A monopolist's marginal revenue curve has twice the slope of its demand curve due to diseconomies of scale. B. A monopolist's demand curve is the same as its marginal revenue curve. C. A monopolist's marginal revenue curve has twice the slope of its demand curve, because to sell more output, a monopoly must lower price. D. A monopolist's demand curve is downward sloping and its marginal revenue curve is upward sloping. E. A monopolist's marginal revenue curve has half the slope of its demand curve, because to sell more output, a monopoly must lower price.
Answer:
B) a monopolist's demand curve is the same as the market demand curve
Explanation:
The demand curve is downward sloping for both monopolies and competitive markets. Rational consumers will always buy larger quantities of products or services when their prices are lower, and inversely will buy less when the price if higher. This applies to all types of markets except monopsonies (a lot of suppliers and only one consumer).
The federal government expenditures for defense are comparatively high in the U.S. compared to other nations.
A) True
B) False
Answer:
The correct answer is True.
Explanation:
Top 10 countries with their spending for defence are given below.
2019 edition of "The Military Balance" from the International Institute for Strategic Studies (IISS)
Rank Country Spending (In Billion)
(US$)
1 United States United States of America 643.3
2 China 168.2
3 Saudi Arabia 82.9
4 Russia 63.1
5 India 57.9
6 United Kingdom 56.1
7 France 53.4
8 Japan 47.3
9 Germany 45.7
10 South Korea 39.2
Which settlement option provides a single beneficiary with income for the rest of his/her life?A. Single lifeB. Fixed amountC. Lump sumD. Retained assets
Answer:
life income
Explanation:
The life income option allows the beneficiary to receive payments for the rest of his/her life. The insurance company generally determines the amount it will hand out every year (or other specified period of time) based on the total benefits, and the age and gender of the beneficiary. The life income option is very similar to a life annuity.
(02.03 MC) Bernadette wants to set aside some money, but she wants to have easy access to it without penalty. She is not worried about earning a large amount of interest. Which of the following investments best suits her needs? Certificate of deposit Government bond Money market account Traditional savings account
Answer:
Traditional savings account
Explanation:
A Traditional savings account is a banks or other financial institution's interest-bearing deposit fund.
While these accounts usually pay a moderate rate of interest, their stability and efficiency make them a decent option for short-term saving cash that you want.
Traditional savings accounts have some constraints on how many times one can withdraw money, however they usually offer outstanding versatility that is suitable for developing an emergency savings, or merely sweeping excess cash that you don't need in your checking account so you can earn more interest somewhere else.
When choosing a spot for a turnabout, you should have at least _____ feet of visibility.
Answer:
500
Explanation:
Three point turn is commonly known as turnabout. Three point technique is tested in drivers test in US. Three point turn is used to turn around on narrow two lane roads when it is not possible to make a U turn. It is the standard method for turning a vehicle around. while making making a turnabout one must have at least 500 feet of visibility. This turn is also called a Y turn, U turn or K turn.
Suppose that the cross price elasticity of demand between good X and good Y is minus−1.55. This indicates that the two goods are
Answer:
Complementary goods
Explanation:
Cross price elasticity of demand between two goods, X and Y
= [tex]\frac{Percentage Change in Demand of X}{Percentage Change in Price of Y}[/tex]
For the cross price elasticity to be negative at -1.55, it means
the higher the price of Y (which will naturally translate to a lower demand for Y), the less the quantity of X that is demanded, andthe lower the price of Y (translating to a higher demand for Y), the less the quantity of X that is demanded.Thus, demand for both X and Y move in the same direction meaning they are complementary goods and are used together.
Allie works for a large manufacturing firm and enjoys the feeling of being a "cog" in the machine and being able to leave work behind when she leaves the plant. When she is forced to participate in a new workplace democracy program, she thinks, "If this is democracy, how come they can make me go to these meetings." What paradox of participation does Allie illustrate?
Answer:
Paradox of Power
Explanation:
A paradox is a self-contradicting statement or act that seems contrary to what it actually is.
Democracy represents the freedom or liberty to choose, so while the democracy program may seem by intuition, one which gives the workers freedom to choose whether to attend it or not, it is actually coercing the members to attend instead which represents a paradox of power since the paradox in this case is coercion or power.
Answer:
Unconventional paradox of participation
Explanation:
This is a situation whereby participation activity is coerced by legal means, this might be due to a clause inserted in terms written in the job acceptance letter. This can also be called paradox of power, where the participants are not allowed to exercise their free will.
Richard's job has a compa-ratio of 0.85. What does this ratio tell about Richard's pay rate?
A. It is highly competitive with the market.
B. It is not competitive with the market.
C. There is no way to judge its competitiveness.
D. You need more information to judge it.
Answer:
B. It is not competitive with the market.
Explanation:
If Richard's job has a compa-ratio of 0.85, then It is not competitive with the market.
The process of dividing the potential market into sub-markets with common needs and features is called:________
A- Segmentation
B- Target marketing
C- Positioning
D- Market coverage
Answer:
The correct answer is A. Market Segmentation.
Explanation:
The process of dividing the potential market into sub-markets with common needs and features is called market segmentation. The segments created are composed of consumers who will respond similarly to marketing strategies and who share simialr traits.
For example, common characteristics of a market segment include interests, lifestyle, age, gender, etc. Common examples of market segmentation include geographic, demographic, psychographic, and behavioral.
The process of dividing the potential market into sub-markets with common needs and features is called Segmentation. It helps businesses to categorize a broad target market into smaller, manageable segments to tailor their products and strategies effectively.
Explanation:The process of dividing the potential market into sub-markets with common needs and features is called: Segmentation (Option A). Market segmentation is a crucial strategy for businesses. It categorizes a broad target market into smaller, more manageable segments, each having certain shared characteristics, needs, or desires. As a result, businesses can tailor their products, services, and marketing strategies to meet each segment's needs much better than if they were to aim at the broader, general market. For instance, a clothing retailer can segment its market based on customer age, such as teenagers, adults, and seniors.
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When merchandise is sold on account and sales tax is also collected:
(A) Accounts Receivable is credited for the total sale and sales tax.
(B) the Accounts Receivable balance is increased.
(C) Sales is debited for the price of the goods.
(D) the sales tax is not reported.
Answer:
B) The accounts receivable balance is increased
Explanation:
When merchandise is sold on account and sales tax is also collected so
following entry is made:
Accounts receivable Debit
Sales Credit
Sales tax payable Credit
The above entry depicts that accounts receivable is debited so Option A is wrong as it calls for credit of accounts receivable.
Option C is also wrong as it states that sales is debited as a result of mentioned transaction.
Option D is wrong as Sales tax payable is recorded with an amount of sales payable to government (federal / state), total of both sales and sales tax is debited to accounts receivable with corresponding credit to sales and sales tax.
The original cost of an inventory item is below both replacement cost and net realizable value. The net realizable value less normal profit margin is below the original cost.Under the lower of cost or market method, the inventory item should be valued atA. Replacement cost.B. Net realizable value.C. Net realizable value less normal profit margin.D. Original cost.
Answer:
B. Net realizable value.
Explanation:
Given that the net realizable value less normal profit margin is below the original cost.
Inventory is initially recognized at the cost however subsequent measurement requires that it be valued at the lower of cost or the net realizable value (NRV).
In other words Inventory will cannot be carried at a value higher than the NRV.
The right answer is B. Net realizable value.
which of the following does not affect the reject rates at a company's production facilities
a. The size of the incentive payment per non-defective pair produced
b. Spending for TQM/Six Sigma quality control efforts
c. The number of models/styles comprising the company's product line
d. The installation of plant upgrade C
e. Spending for best practices training
The number of models/styles comprising the company's product line does not affect the reject rates at a company's production facilities.
Explanation:The correct answer is c. The number of models/styles comprising the company's product line. The reject rates at a company's production facilities are not affected by the number of models/styles comprising the product line. The other options listed in the question can potentially affect the reject rates.
For example, option a. The size of the incentive payment per non-defective pair produced can motivate workers to produce higher-quality products, which can help lower reject rates. Option b. Spending for TQM/Six Sigma quality control efforts can improve quality processes and reduce defects, leading to lower reject rates. Option e. Spending on best practices training can also help improve the skills and knowledge of the employees, contributing to lower rejection rates.
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The number of models or styles in a company's product line does not inherently affect reject rates at a company's production facilities. Reject rates are more directly impacted by factors such as production technology, quality control efforts, and best practices training.
The question is asking which of the listed options does not affect the reject rates at a company's production facilities. Reject rates are influenced by various factors within manufacturing and quality control processes. Factors such as incentive payments, quality control efforts like TQM/Six Sigma, plant upgrades, and best practices training can significantly affect product quality and therefore the rejection rate of products. However, the number of models or styles in a company's product line by itself does not inherently affect reject rates. It is the processes and controls in place at the production facilities that matter more for keeping reject rates low.
An improvement in production technology often leads to better quality products, just as a reduction in production risk can result in fewer rejected items. Implementing best practices and quality management systems such as Six Sigma also plays a substantial role in reducing errors and defects in manufacturing processes. Contrary, the variety of models or styles does not directly impact the reject rates; these are more related to design and market strategy considerations.
The following information has been taken from the ledger accounts of Kingbird Corporation. Total income since incorporation$326,000 Total cash dividends paid61,000 Total value of stock dividends distributed30,000 Gains on treasury stock transactions18,000 Unamortized discount on bonds payable33,000 Determine the current balance of retained earnings.
Answer:
$235,000
Explanation:
The computation of the current balance of retained earnings is shown below:
= Total income since incorporation - Total cash dividends paid - Total value of stock dividends distributed
= $326,000 - $61,000 - $30,000
= $235,000
As we know that
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
We applied the same.
What is the ergonomically optimum body posture for performing all physical jobs?
Answer:
Mid - Range
Explanation:
Ergonomics is the study of correct posture of body. It helps employees to work with ease and comfort. It provides correct chair height, adequate spacing for the legs. Employees feel stressed out by working for hours in the same position, correct posture can help them ease their joints and stretch. It helps in increasing their productivity and also reduces the risk of musculoskeletal injuries.. An uncomfortable workplace can create health issues, like eye strain and muscle strain.
Mid-Range is the ergonomically optimum body posture for performing all physical jobs.
The study of good body posture is known as ergonomics. It enables workers to work comfortably and easily. It offers the proper chair height as well as enough room between the legs.
By spending hours in the same posture, workers become agitated; yet, good posture may help them relax and extend their joints. It increases their output while lowering their risk of musculoskeletal ailments. Workplace discomfort can lead to health problems including eye strain and muscular tension.
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Tool Manufacturing purchased inventory for $5,300 and also paid a $260 freight bill. Tool Manufacturing returned 45% of the goods to the seller and later took a 2% purchase discount. Assume Tool Manufacturing uses a perpetual inventory system. What is Tool Manufacturing's final cost of the inventory that it kept? (Round your answer to the nearest whole number.)
Answer:
$ 3,116.7 final cost of the inventory
Explanation:
asset enter the accounting as the sum of all incurred cost which were necessary to obtain it. In this case we got:
5,300 invoice cost
- 2,385 return goods
2,915 nominal after return, subject to discount of 2%
- 58.3 discount granted of 2%
2,856.7 final amount to supplier
260 for fregith fees
3,116.7 final cost of the inventory
5 Marks: 1 The type of license which will allow a person to drive a large truck or a van designed for 16 or more passengers is a ____.
Answer:
so correct fill up is CDL class C
Explanation:
solution
there are different state have different type of license as
they are Class A, class B, class C, class D, class M, and class V licenses and CDL
and here commercial driver's license CDL is also further 3 type
CDL class A
CDL class B
CDL class C
and here CDl class C Authorizes holder to drive large truck or a van under 26,000 lbs or 16 or more passenger
so correct fill up is CDL class C