What do the letters S, W, O, and T stand for in the term SWOT when it is applied to situational analysis?
What will be an ideal response?
S is strengths, W is weaknesses, O is opportunities, and T is threats.
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An advantage of the current ratio is that it considers the makeup of the current assets
a. True b. False Indicate whether the statement is true or false
Which of the following is not true regarding a Certified Public Accountant?
A. Must pass an examination. B. Cannot hold any certificate other than a CPA. C. Must meet education and experience requirements. D. Must exhibit ethical character. E. May also be a Certified Management Accountant.
A company faces fixed costs of $100,000 and variable costs of $8 per unit. It plans to directly sell its product in the market for $12. How many units must it produce and sell to break even?
A) 20,000 B) 25,000 C) 30,000 D) 35,000 E) 40,000
The daily output required from an assembly line is 80 units. If the line operates 4 hours a day, what is the cycle time per unit?
a. 3 hours b. 3 minutes c. 3 seconds d. 3 days