The Heritage Company is a manufacturer of office furniture. Which term best describes Heritage's role in society?
A. Resource owner
B. Regulatory agency
C. Consumer
D. Conversion agent
Answer: D
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Aquatic Marine Stores Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. Aquatic uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows:
Direct materials: 4 pounds per unit; $6 per pound Direct labor: 2 hours per unit; $17 per hour During the first quarter, Aquatic produced 4000 units of this product. Actual direct materials and direct labor costs were $65,000 and $329,000, respectively. For the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 4000 units. A) $96,000 B) $65,000 C) $16,000 D) $24,000
Which is true about an analyst's chair?
A. Analysts should sit with a little curve in their backs so they are comfortable. B. Analysts should sit with a little space between their backs and their chairs. C. Analysts should sit with their backs erect, slightly forward, and firm against the backrest. D. Analysts may use a lumbar pillow or a rolled-up towel to further support their backs.
The linking of employee compensation to the achievement of measurable business targets is called
A) compensation goal. B) performance-based compensation. C) performance target. D) performance linkage.
Sam is a kindly middle manager who is an excellent coach for younger employees. He believes that developing others is much more important than advancing his own career
Sam would most likely achieve a top score on the Organizational Politics Questionnaire. Indicate whether the statement is true or false.