Answer the following statement(s) true (T) or false (F)
1. Aligning operations with a low-cost business strategy is often impossible.
2. The ISO 9000 standard is associated with quality.
3. Performance measures should be closely linked to a firm’s strategies.
4. The balanced scorecard is used to assess organizational performance.
1. False
2. True
3. True
4. True
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Which of the following is not an approach used for online analytical processing (OLAP).
A. Consolidation B. Data mining C. Exception reports D. What-if simulations
A(n) _______ is an automatic call distribution (ACD) feature that routes calls based on input provided by the caller through a touch-tone telephone.
Fill in the blank(s) with the appropriate word(s).
The activities that are conducted within the promotions segment of the marketing mix are types of communication
Indicate whether the statement is true or false
Cornell Products has the following information available for 2012: Direct materials $1.00 per unit Direct labor $2.00 per unit Variable manufacturing overhead $1.50 per unit Variable selling and administrative costs $ .50 per unit Fixed manufacturing overhead $30,000 Fixed selling and administrative costs $25,000 During 2012, Cornell produced 6,000 units out of which 5,400 units were sold for $20
each. Refer to the information provided for Cornell Products. What is the net operating income under variable costing? A) $35,000 B) $29,000 C) $26,000 D) $23,000