Another name for a social loafer is a(n) ______.
a. free loader
b. duty dodger
c. social member
d. disengaged distractor
a. free loader
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Which of the following is not a reason standard costs are separated in two components?
A) the price and quantity variances need to be identified separately to correct the actual major differences. B) identifying variances determines which manager must find a solution to major discrepancies. C) if a negative variance is over-shadowed by a favorable variance, managers may overlook potential corrections. D) variances brings attention to discrepancies in the budget and requires managers to revise budgets closer to actual.
Which of the following is not one of the common causes of death for which a life insurance
policy will exclude coverage? A) Accident involving a private airplane B) Suicide within a limited time after the policy becomes effective C) Government execution D) Incurable illness E) Military action
Under process costing, the costs incurred by each department are reported in ________
A) a job cost sheet B) the Finished Goods Inventory account C) the Cost of Goods Sold account D) a production cost report
The TQM wheel features ________ at its center
A) incremental improvement B) customer satisfaction C) employee teams D) leadership