Since in the U.S. the home currency is the dollar and the foreign currency is the euro, in New York USD 1.2174 = EUR 1.00 would be a direct quote on the euro and an indirect quote on the dollar
Indicate whether the statement is true or false.
Answer: TRUE
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The benefits of integrated logistics management (ILM) include ______.
A. keeping logistics costs down B. contributing to employee morale C. contributing to employee motivation D. circumventing government regulations
Because fixed overhead is made up of many items:
A) the fixed overhead spending variance is not meaningful. B) it is not possible to calculate a fixed overhead volume variance. C) the fixed overhead volume variance will always be unfavorable. D) a line by line comparison of budgeted costs with actual costs provides more information. E) all of these are true.
Reliability of job evaluation can be measured by:
A. determining the degree to which the job evaluation method is accepted by employees B. determining if different evaluators produce the same results C. the degree of agreement between rankings that resulted from the job evaluation D. hit rates-the degree to which the job evaluation plan matches an agreed-upon ranking E. determining the degree to which the job evaluation achieved the desired results
Carl is a contractor that is building a home for Orel. Pam is one of Orel's neighbors. One day Pam was walking in the neighborhood. As she passed the construction site, a piece of lumber fell from the partially finished garage roof and hit her in the
head, injuring her severely. The lumber was left negligently on the roof by Carl. Pam now wishes to sue Orel. Should Orel be held liable to Pam? Discuss.