Changing the entire systems is a ______.
A. first-order change
B. second-order change
C. third-order change
D. fourth-order change
C. third-order change
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A company must include impairment disclosures in the year of an impairment write-down and the subsequent three years following to ensure comparability in reporting
Indicate whether the statement is true or false
The direct materials standards for the main product of Duchess Company are 8 grams of direct materials per product at a cost of $3 per gram. During April, 969 grams of direct materials were used to produce 120 products at a direct materials cost of $2,900. The direct materials quantity variance for April was
A) $57 (U). B) $77 (U). C) $27 (U). D) $97 (F).
A company has computed that their "margin" is .18. Which of the following statements is the best interpretation of these results?
A) $.18 of every $1 invested in assets is net profit. B) $.18 of every $1 made in sales is profit. C) Every $1 invested in assets generates $.18 in sales revenue. D) Every $1 invested in assets generates $.18 of segment margin.
Which of the following is incorrect about the characteristics of organizational environments perceived environmental uncertainty?
a. Stable and simple = Low uncertainty b. Stable and complex = Low/Moderate uncertainty c. Low change and simple = Moderate/Low uncertainty d. High change and complex = High uncertainty