In the merchandise purchases budget, the required purchases (in units) for a period can be determined by subtracting the beginning merchandise inventory (in units) from the budgeted sales (in units) and desired ending merchandise inventory (in units).
Answer the following statement true (T) or false (F)
True
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Predetermined overhead rates are calculated before the start of the accounting period, and are therefore based on estimates.
Answer the following statement true (T) or false (F)
Suppose that competitive priorities call for offering a wide variety of customized services. Which of the following process decisions would be more likely?
A) more capital intensity B) more resource flexibility C) more process automation D) less customer involvement
Delfino, an executive with Cartwright Corporation, orders corporate employees to unknowingly transfer corporate funds to Delfino's personal account. This use of the employees' services is most likely
A. honest-services fraud, a federal crime. B. a violation of corporate rules but no crime. C. a breach of workplace rules generally but no civil or criminal wrong. D. unethical but no crime.
________ and his associates proposed the three-needs theory.
A. Frederick Herzberg B. Abraham Maslow C. David McClelland D. Douglas McGregor