The earnings of an employee are directly related to productivity in which compensation plan?
a. straight-commission plan
b. straight-salary plan
c. salary plus commission plan
d. compensation cafeteria
a
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Which of the following statements is TRUE of absorption and variable costing methods?
A) Both costing methods consider selling and administrative costs to be period costs. B) Variable costing considers variable selling and administrative costs to be product costs. C) Absorption costing considers fixed manufacturing overhead to be period costs. D) Both costing methods consider fixed manufacturing overhead to be product costs.
Which of the following accounts is a permanent account?
A) Building B) Depreciation Expense-Buildings C) Interest Expense D) Service Revenue
Which of the following is NOT associated with a grouping of firms in a particular location?
a. It is referred to as clustering. b. It often occurs when there is a concentration of critical resources in a particular region. c. Firms are located where there is a large talent pool of scientists and engineers. d. It contributes to the notion of sustainability.
3-D printing is an extension of:
A) modular design. B) quality function deployment. C) robust design. D) concurrent engineering. E) computer-aided design.