Which of the following is a criticism of ABC?
a. There are few organizational barriers to implementing ABC.
b. ABC requires a significant amount of time and cost to implement.
c. ABC requires little change from traditional cost accounting systems.
d. It conforms to GAAP.
b
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The brand equity of many oil companies is lower when associated with oil spills or controversial drilling practices. Which type of brand liability does this best represent?
A) customer dissatisfaction B) poor record on social issues C) product or service failures D) inadequate product line development E) poor product conformance
Tim wrote a negotiable note. Subsequently, Tim's debts were discharged in bankruptcy. If a holder in due course presents the note for payment, Tim does not have to pay
a. True b. False Indicate whether the statement is true or false
The bottleneck time is always at least as long as the throughput time
Indicate whether the statement is true or false
The _____ is a common measure of leverage that compares liabilities to assets.
A. current ratio B. average collection period C. debt ratio D. inventory turnover ratio