Why might inventories increase in market value subsequent to acquisition?
a. a shortage of a key raw material
b. a competitor may introduce a technologically superior product
c. a product may include materials found to contain a health hazard
d. the introduction of a lower-cost raw material
e. all of the above
A
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Which of the following is a period cost?
A) Advertising costs B) Indirect materials C) Manufacturing overhead D) Direct materials
Which of the following statutes regulates internal union affairs and establishes certain rights of
union members? A) The Norris-LaGuardia Act B) The National Labor Relations Act C) The Labor-Management Relations Act D) The Worker Adjustment and Retraining Notification Act E) The Labor-Management Reporting and Disclosure Act
Which of the following statements is true of effective integrative bargaining?
A. Negotiators typically find it valuable to overstate demands. B. Negotiators typically project a stern, tough image. C. It involves first identifying, then solving, problems. D. It involves withholding of valuable information from the parties.
Which of the following will be included in manufacturing overhead costs?
A) indirect labor and indirect materials used B) salaries of salesmen C) direct materials and direct labor D) delivery costs to ship goods to customers