Brainstorming is a systematic, interactive forecasting procedure based on independent and anonymous input regarding future events

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Which of the following is the best analogy to describe the team leadership approach? An effective team leader is like ______.

A. a lead singer who can use charisma to attract a lot of attention for the band B. a politician who can inspire others toward an authentic vision C. an engineer who can set aside emotions to solve technical problems D. a doctor who can diagnose accurately and prescribe the right treatment

Business

Wrap-It Company, a manufacturer of wrapping paper, began operations on June 1 of the current year. During this time, the company produced 370,000 units and sold 310,000 units at a sales price of $50 per unit. Cost information for this period is shown in the following table:Production costs? Direct materials$2.00 per unit Direct labor$.80 per unit Variable overhead$814,000 in total Fixed overhead$481,000 in totalNon production costs? Variable selling and administrative$78,000 in total Fixed selling and administrative$210,000 in totala. Prepare Wrap-It's December 31st income statement for the current year under absorption costing.b. Prepare Wrap-It's December 31st income statement for the current year under variable costing.

What will be an ideal response?

Business

Neil is in the process of recruiting and selecting new employees in a way that caters to the welfare of his organization's existing employees. He is working on human resource planning (HRP).

Answer the following statement true (T) or false (F)

Business

Which of the following is true of Finished Goods Inventory?

A) Finished Goods Inventory is an account used by a manufacturer and includes completed goods that have not yet been sold. B) Finished Goods Inventory is an account used by a merchandiser and includes completed goods that have not yet been sold. C) Finished Goods Inventory is an account used by service companies in lieu of raw materials inventory. D) Finished Goods Inventory is an account used by a manufacturer in lieu of raw materials inventory.

Business