Which is true of back-of-the-napkin plans?
a. They are highly detailed.
b. They help clarify and communicate ideas.
c. They are complicated.
d. They are time consuming to create
b. They help clarify and communicate ideas.
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A company's internal control system is designed by its external auditors
a. True b. False Indicate whether the statement is true or false
ROCE disaggregates into the following components:
a. Profit Margin for ROCE Ratio x Inventory Turnover Ratio x Debt Ratio b. Profit Margin for ROCE Ratio x Total Assets Turnover Ratio x Debt Ratio c. Profit Margin for ROCE Ratio x Inventory Turnover Ratio x Capital Structure Leverage Ratio d. Profit Margin for ROCE Ratio x Total Assets Turnover Ratio x Capital Structure Leverage Ratio e. Profit Margin x Total Assets Turnover Ratio x Debt Ratio
______ allow managers to vary the reward given employees based on the individual (or group) effort put into the work process.
A. Incentives B. Entitlement C. Pay structure D. Rate range
If destruction or casualty to goods, total or partial, occurs after risk of loss has passed to the buyer, who is responsible for losses?
A) The seller B) The buyer, who must pay the entire contract price of the goods C) The buyer if the loss is partial; both parties share the loss if it is total D) The carrier delivering the goods