The right to do something, is known as:
a. accountability.
b. authority.
c. responsibility.
d. liability.
b
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A company has established 5 pounds of Material J at $2 per pound as the standard for the material in its Product Z. The company has just produced 1,000 units of this product, using 5,200 pounds of Material J that cost $9,880. The direct materials quantity variance is:
A. $400 unfavorable. B. $400 favorable. C. $120 favorable. D. $520 favorable. E. $520 unfavorable.
Mervin Jacob sells professional barbeque grill equipment to high-end restaurants. His products come in different sizes and specifications. When he called on Grill Kingdom, a popular barbeque restaurant, he was determined to sell at least one of his top-end grill pro machines. Jacob decided his ________ even before his sales call.
A. prospect B. FAB plan C. selling proposition D. marketing plan E. objective
Lilly's Corporation has working capital of $620,000, and Harmon Corporation has working capital of $840,000. Which of the following statements is incorrect?
A. If Lilly Corporation is smaller than Harmon or has lower current liabilities; Lilly could be more liquid than Harmon. B. Since working capital is an absolute amount, other factors such as size of the company and materiality will help to determine liquidity of these two companies. C. Since Harmon's working capital exceeds Lilly's working capital, it is safe to conclude that Harmon is more liquid than Lilly. D. None of these answers is correct.
The ________ server houses the backend database and possibly retrieves information from other database systems in the company
A) cloud B) database C) client D) web E) none of the above