Which of the following is not an example of a financial budget?

a. cash budget
b. balance sheet
c. income statement
d. sales budget
e. All of the answers are examples of financial budgets.


d

Business

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The _____ is an important input to material requirements planning (MRP) applications that includes a list of all raw materials and subcomponent demands.

A. targeted market list (TML) B. bill of materials (BOM) C. economic order quantity (EOQ) D. convenient order quantity (COQ)

Business

In some cases, particularly when the reissue of treasury stock results from the exercise of employee stock options, the amount paid by the firm to reacquire the treasury shares exceeds the subsequent reissue price. If the firm uses the cost method, it debits the balance to

a. Additional Paid-In Capital account so long as that account has a sufficiently large credit balance. To the extent the required debit exceeds the credit balance in the Additional Paid-In Capital account, the firm reduces that account to zero and debits the excess to Retained Earnings. b. Additional Paid-In Capital. c. Retained Earnings. d. Net Income. e. Accumulated Other Comprehensive Income.

Business

Megan is a graduate student pursuing a course in business. Presented with the case of a company's unethical behavior, Megan wonders if the company's board of directors should ask the CEO to step down. Having a strong belief in Michael Porter's idea of value creation, Megan is most likely to conclude that company's board of directors

A. should not ask the CEO to step down because doing so would cause a profit dip that would affect its shareholders. B. should ask the CEO to step down because agents, unlike principals, are disposable. C. should ask the CEO to step down because it has a greater obligation toward society. D. should not ask the CEO to step down because he was responsible for an almost 90 percent appreciation of the company's stock.

Business

Which of the following is a purpose of a questionnaire?

a. to motivate the respondent b. to make data comparable c. to minimize bias d. all of the above

Business