Renee has determined a faster way to complete monthly inventory reports. When she proposes her idea to Sal, her supervisor, he responds, “That’s a great suggestion Renee, however, because of the way each store’s UPC labels are coded, we can’t sort by department, only by store.” Sal is using which type of organizational control?
A. bureaucratic
B. concertive
C. technological
D. unobtrusive
C. technological
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Samantha, a programmer working for GameZone Inc., uses a software program that enables her to create drawings quickly and easily. The software also allows her to create 3-D drawings. In this scenario, which of the following types of software does Samantha use?
A. Computer-aided design software B. Computer-aided engineering software C. Computer-aided manufacturing software D. Computer-aided processing software
Which of following is NOT a variable in the equation for sustainable growth?
A) profit ratio B) net working capital ratio C) asset turnover ratio D) leverage ratio
Master Ink owns all the stock of Prime Pen Co A Prime Pen employee commits a tort for which the employer is liable. The suit results in a judgment for $1 million against Prime Pen. Prime Pen assets total $650,000, but Master Ink's assets are in the millions. In which of the following situations would the judgment have to be paid by Master Ink?
A) The Master Ink board of directors is exactly the same as Prime Pen's. B) The president of Master Ink is also the vice president of Prime Pen. C) Prime Pen's income and Master Ink's income is held in one account. D) None of these.
Livingston Co. uses process costing to account for the production of elastic bands. Direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Beginning inventory consisted of $14,000 in materials and $8,000 in conversion costs. April costs were $72,000 for materials and $80,000 for conversion costs. During April 8,000 units were completed. Ending work in process inventory was 4,000 units (100% complete for materials, 50% for conversion). The total cost per unit using the weighted average method would be:
A. $14.0000 B. $15.9667 C. $14.5000 D. $13.8382