Which of the following represents cost flows in a manufacturing company under traditional environment?

a. Direct material » Direct labor » Manufacturing overhead » Finished goods
b. Direct material » Direct labor » Finished Goods Inventory » Cost of goods sold
c. Direct cost » Work in Process » Finished Goods Inventory » Cost of goods sold
d. Direct cost » Finished Goods » Cost of goods sold


c

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M2 consists of

A. amounts in savings accounts, money-market mutual funds (held by individuals), and small time deposits (under $100,000). B. amounts in savings accounts, and money-market mutual funds (held by individuals). C. M1 plus amounts in savings accounts, money-market mutual funds (held by individuals), small time deposits (under $100,000), and repurchase agreements issued by banks. D. M1 plus amounts in savings accounts, money-market mutual funds (held by individuals), and small time deposits (under $100,000).

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From an ethical perspective, team members should

A) put their self-interest first. B) respect the ideas of others. C) arouse conflict to improve team debates. D) support the dominant member to facilitate decisions. E) ignore any emotional needs of the members.

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

1. Union shops cannot be set up in states where “right to work” laws exist. 2. The Railway Labor Act governs labor relations for rail transportation only. 3. By signing authorization cards, employees are communicating that they want a union to bargain collectively on their behalf. 4. Managers should hold group meetings with employees on the day they vote on unionization.

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Trusted Wholesalers is a company that purchases products produced in Mexico and sells them to companies based in the United States and Canada. Management at Trusted Wholesalers would most likely be interested in becoming experts in the agreements made by ________.

A. SAARC B. COMESA C. NAFTA D. MERCOSUR E. the EU

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