Net present value will be greater:
A) as a fixed set of cash receipts occurs later rather than earlier.
B) if the future value of a cash flow is smaller.
C) for one end-of-year receipt of $1200 than for twelve monthly receipts of $100 each.
D) for a 4% discount rate than for a 6% discount rate.
E) All of the above are true.
D
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DB offered to sell a cap in her possession for $10 . Dan said he would pay $5
a. There is a contract for the sale of the hat for $10 . b. There is a contract for the sale of the hat for $5. c. There is no contract because Dan's counter-offer terminated his power of acceptance. d. There is a contract if DB says nothing to Dan's proposal, because then her silence would be an acceptance.
Herrod Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering supplies is $570 per month plus $98 per job plus $24 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in December to be 11 jobs and 98 meals, but the actual activity was 14 jobs and 102 meals. The actual cost for catering supplies in December was $4,500. The spending variance for catering supplies in December would be closest to:
A. $500 U B. $500 F C. $110 U D. $110 F
_____ refers to the extent to which, by choosing a certain course of action, management can meet a previously established goal or standard
a. Operational benchmarking b. Efficiency c. Support-activity benchmarking d. Effectiveness e. None of the above.
The premise behind the situation leadership model is that leadership styles vary depending on their:
a. need for power. b. qualification. c. readiness to do it. d. position in the hierarchy.