Capacity planning can be influenced by ______.
A. product packaging requirements
B. demand volatility
C. product price
D. product quality
B. demand volatility
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Which of the following is not true?
a. A trial balance can be in balance even though an error exists in the general ledger; b. The ruling method is used to correct errors; c. Source documents trigger an analysis of the financial statements; d. Accounts are listed in the trial balance in the order listed in the chart of accounts; e. A difference in the trial balance column totals that is evenly divisible by 9 indicates a transposition error.
Mary Tappin, an assistant Vice President at Galaxy Toys, was disturbed to find on her desk a memo from her boss, Gary Resnick, to the controller of the company. The memo appears below:GALAXY TOYS INTERNAL MEMOSept 15To: Harry Wilson, ControllerFm: Gary Resnick, Executive Vice PresidentAs you know, we won't start recording many sales until October when stores start accepting shipments from us for the Christmas season. Meanwhile, we are producing flat-out and are building up our finished goods inventories so that we will be ready to ship next month.Unfortunately, we are in a bind right now since it looks like the net income for the quarter ending on Sept 30 is going to be pretty awful. This may get us in trouble with the bank since they always review the quarterly financial reports and may
call in our loan if they don't like what they see. Is there any possibility that we could change the classification of some of our period costs to product costs-such as the rent on the finished goods warehouse?Please let me know as soon as possible. The President is pushing for results.Mary didn't know what to do about the memo. It wasn't intended for her, but its contents were alarming.Required:a. Why has Gary Resnick suggested reclassifying some period costs as product costs?b. Why do you think Mary was alarmed about the memo? What will be an ideal response?
The minimum amount of time a dependent activity must be delayed to begin or end is referred to as
A. Laddering. B. Cushion. C. Buffer. D. Hammock. E. Lag.
OD values have transitioned over time and have, for exaxmple, moved away from «use of status for maintaining power and personal prestige » toward a view of ______.
a. confirming them as human beings b. making appropriate confrontation c. use of status for organizationally relevant purposes d. greater emphasis on collaboration