Answer the following statement(s) true (T) or false (F)

1. Power distance is one of Hofstede’s cultural dimensions.
2. Low Risk is one the dimensions of the GLOBE report.
3. Self-awareness is one of the components of a cultural mindset.


1. True
2. False
3. True

Business

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Kalp Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:  MachiningFinishingMachine-hours 19,000 12,000Direct labor-hours 2,000 8,000Total fixed manufacturing overhead cost$136,800$69,600Variable manufacturing overhead per machine-hour$1.80  Variable manufacturing overhead per direct labor-hour  $3.20 During the current month the company started and finished Job K928. The following data were

recorded for this job: Job K928:MachiningFinishingMachine-hours 90 10Direct labor-hours 30 50Direct materials$775$415Direct labor cost$630$1,050The total amount of overhead applied in both departments to Job K928 is closest to: A. $2,000 B. $1,405 C. $810 D. $595

Business

Quotas serve to increase the amount of imports of a product

Indicate whether the statement is true or false

Business

Which of the following reporting units contain BOTH Metropolitan SAs and Micropolitan SAs?

A) Core Bulletin Statistical Association B) Combination of Business and Suburban Areas C) Confederation of Business Statisticians of America D) Core Based Statistical Areas E) None of the above: the terms "Micropolitan SAs" and "Metropolitan SAs" are used interchangeably.

Business

Tom Burns and G.M. Stalker categorized organizations by their level of effectiveness

Indicate whether the statement is true or false

Business