The cash cycle is defined as the time between:
A) the arrival of inventory and cash collected from receivables.
B) selling a product and paying the supplier of that product.
C) selling a product and collecting the accounts receivable.
D) cash disbursements and cash collection for an item.
E) the sale of inventory and cash collection.
D) cash disbursements and cash collection for an item.
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Contingent reward uses ______ reinforcement, whereas management by exception uses ______ reinforcement.
A. negative; positive B. neutral; negative C. positive; negative D. positive; neutral
When companies adopt the strategy-making and strategy-execution process, it requires they start by
A. developing a strategic vision, mission, and values. B. developing a proven business model, deciding on the company's top management team, and crafting a strategy. C. coming up with a statement of the company's mission and communicating it to all employees, strategic management, selecting a business model, and monitoring developments and initiating corrective adjustments to the business model when necessary. D. deciding on the company's board of directors, setting financial objectives, crafting a strategy, and choosing what business approaches and operating practices to employ. E. strategic management, developing a business model, crafting a strategy, and deciding how much of the company's resources to employ in the pursuit of sustainable competitive advantage.
As a joke, Jem takes Kyla's business law textbook and hides it so that Kyla cannot find it during the week before the exam. Jem may have committed
a. appropriation. b. conversion. c. disparagement of property. d. trespass to personal property.
Cambra Corporation manufactures two products: Product N70E and Product F54Y. The company is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products N70E and F54Y.Activity Cost PoolActivity MeasureTotal CostTotal ActivityMachiningMachine-hours$171,0009,000MHsMachine setupsNumber of setups$150,000250setupsProduct designNumber of products$78,0002products??Order sizeDirect labor-hours$330,00010,000DLHsActivity MeasureProduct N70EProduct F54YMachine-hours5,0004,000Number of setups150100Number of products11Direct labor-hours4,0006,000Using the ABC system, the percentage of the total overhead cost that is assigned to Product F54Y
is closest to: A. 24.01% B. 50.00% C. 27.16% D. 51.17%