Identify five limitations of job expansion
What will be an ideal response?
1. higher capital cost; 2. individual differences (some individuals prefer simpler jobs); 3 . higher wage rates; 4. smaller labor pool; 5. higher training costs
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Reviewing capital budgets and comparing the amounts spent with amounts budgeted is an example of a substantive analytical procedure for auditing prepaid accounts.
Answer the following statement true (T) or false (F)
The distinctive models of living of a society or some of its segments refers to ________
A) geo-demographics B) lifestyles C) psychometrics D) demographics E) usage segments
Critics have accused some producers of practicing ________ by using materials and components that will break, wear, rust, or rot sooner than they should
A) high-pressure selling B) short-term planning C) planned obsolescence D) nonfunctional warranty E) deceptive promotion
Robert is a strategic planner for a consulting firm. He receives countless reports for daily analysis, but he avoids being inundated with information by selecting only the few reports that actually serve his purpose. Which principle of data characterization is Robert following?
A. Collecting as much data as possible is always preferable. B. Freely available data is always accurate and timely. C. Information should be just barely sufficient for its purpose. D. Data that arrives after a prolonged period of time is of the highest quality. E. Information needs to be relevant to the subject, not necessarily to the context.