A challenge in calculating the total costs and expenses of a department is:
A. Determining the gross profit ratio.
B. Determining the amount of sales of the department.
C. Determining the direct expenses of the department.
D. Assigning direct costs to the department.
E. Allocating indirect expenses to the department.
Answer: E
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All of the following are difficulties associated with selling to government buyers EXCEPT ________
A) excessive paperwork B) bureaucracy C) strict regulations D) high advertising costs E) decision-making delays
A company's strategic plan
A. identifies the company's strategy and management's specific, detailed plans for implementation. B. lays out its future direction and business purpose, performance targets, and strategy. C. summarizes the company's strategic vision, a strategy, and a business model. D. details key objectives and the strategy for achieving them. E. consists of a company's strategic vision, strategic objectives, strategic intent, and strategy.
Tamara must send the same formal report to several readers. What should she do?
A) Send the same letter of transmittal to all readers. B) Omit the letter of transmittal. C) Prepare a special letter of transmittal for each, anticipating how each reader will use the report. D) Include a letter of transmittal for only the primary reader.
Harvey is in charge of ensuring the successful transportation and storage of his company's products. He monitors the products from the time they leave the factory to when they are dropped off at retailers and purchased by customers. Harvey's job title would most likely be
A. inventory manager. B. logistics manager. C. procurement manager. D. supply-chain manager. E. operations manager.