Which of the following would not be a complementary asset for a solar panel manufacturer?
A) international solar equipment certification standards
B) government funding for green technology
C) centralized hierarchical decision making
D) innovation-driven management team
E) subsidies for adoption of solar energy
C
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The B/AR/CR process comprises three different but related processes?namely, billing, accounts receivable, and cash receipts. Which of the following would not be an operations process goal for these three processes?
a. ensure effectiveness of operations b. ensure AR master data update accuracy c. ensure efficient employment of resources d. ensure security of resources
Avoid building barriers by using “______” messages instead of “______” messages.
Fill in the blank(s) with the appropriate word(s).
On September 30 the bank statement of Fine Company showed a balance of $8450. The following information was revealed by comparing the bank statement to the cash balance in Fine's accounting records:Deposits in transit amounted to $3615 Outstanding checks amounted to $6950 A $600 check was incorrectly drawn on Fine's account NSF checks returned by the bank were $860 The bank service charge was $33 Credit memo for $100 for the collection of one of the company's account receivable What is the true cash balance?
A. $5782 B. $7357 C. $5715 D. $4922
A furniture manufacturer has decided that its use of a single plantwide predetermined overhead allocation rate is no longer accurate. In making the transition to using multiple predetermined overhead allocation rates, which of the following statements is incorrect?
A) In selecting machine usage as the primary cost driver for the Production Department, management feels that there is a direct relationship between the number of machine hours used and the amount of overhead costs incurred. B) Management must analyze the expected overhead costs and separate them into a cost pool for each department. C) The allocation process changes because there are now multiple cost pools and multiple allocation bases. D) The use of multiple predetermined overhead allocation rates is more complex, but it may be more accurate.