Batching economies or cycle stocks usually arise from three sources. Which of these is not a source?

a. procurement
b. transportation
c. production
d. demand


d

Business

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Which of the following is most likely the final stage of the business buying decision process?

A) problem recognition B) product specification C) proposal solicitation D) order-routine specification E) supplier performance review

Business

The third transfer that occurs with delegation of authority is that the manager gives the subordinate full authority over the budget, resources, and personnel needed to do a job.

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

Business

Which of the following is/are not true?

a. An employer must recognize changes in the funded status of a defined benefit retirement plan on its balance sheet each period. b. U.S. GAAP and IFRS require the employer to recognize changes in the funded status of a defined benefit retirement plan immediately in net income. c. Changes in the net funded status of a defined benefit retirement plan because investment performance differs from expectations, or because of changes in actuarial assumptions, or in the retirement benefit formula, initially affect other comprehensive income. d. Firms amortize the amounts in Other Comprehensive Income over the expected period of benefit as an adjustment to retirement plan cost. e. all of the above

Business

In spite of many e-mails from human resources, employees continue to make mistakes when filing expense reports, either by forgetting to attach receipts or forwarding the materials to accounting without the proper signatures. Employees are also frustrated that many of their expenses are denied reimbursement. What chart would help them understand how to complete the form correctly?

A. flowchart B. fishbone chart C. organizational chart D. swim lane chart

Business