The payback period is based on a net present value of cash flows
Indicate whether the statement is true or false
False
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Computer inventory systems are often programmed to produce a cycle count notice in which of the following case?
A. When the item has been misplaced in the stockroom B. When quality problems have been discovered with the item C. When the record shows a near maximum balance on hand D. When the record shows positive balance but a backorder was written E. When the item has become obsolete
If the variable expense per unit decreases, and all other factors remain the same, the contribution margin ratio will increase.
Answer the following statement true (T) or false (F)
The psychological bias known as "illusion of control" refers to a belief that
A) the employees will always agree with the decisions made by the manager. B) one can influence events even when one has no control over what will happen. C) employees do not have confidence in a manager's abilities. D) one has no control and therefore does not put any effort into the decision. E) managers' with wider spans of control tend to perform effectively.
What is a cram down?
A. An agreement about the total amount of money to be reserved to pay creditors who have priority. B. The bankruptcy court's confirmation of a reorganization even though a class of creditors or stockholders did not accept it. C. The filing of an involuntary bankruptcy petition, especially by the holders of partially secured debts. D. The court's decision as to whether a particular creditor has priority.