Responsibility accounting reports that are given to lower level managers are usually very detailed, in turn, higher level managers will be given a summary report

Indicate whether the statement is true or false


True

Business

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You are trying to explain to your friend the difference between managers and leaders. You would be most accurate in saying ______.

A. leaders and managers cannot coexist in an organization B. leaders make more money than managers C. managers maintain order and leaders seek change D. managers have more referent power than leaders

Business

The quality management tool called poka-yoke is not relevant to JIT systems

Indicate whether the statement is true or false

Business

An inflation-indexed Treasury bond with a 5% coupon rate is issued at $1,000. If inflation in the year after issuance is 6%,

A) the new coupon rate will be 11%. B) the new redemption value is $1,060. C) the new redemption value is $1,100. D) the bond is redeemed and a new bond with a 6% coupon is issued.

Business

A) alternative ways a beneficiary can receive benefits B) a single payment to the beneficiary

9) settlement options 10) lump-sum settlement What will be an ideal response?

Business