Which of the following has resulted from the increased educational levels of the U.S. population?
A) lower acceptance of technological changes
B) greater job growth for professional workers
C) higher number of manufacturing jobs
D) lower mobility of the U.S. population
E) lower number of women in the workforce
B
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Memorandum and email reports are directed to a reader outside an organization.
Answer the following statement true (T) or false (F)
When the quantity of materials purchased and materials used is different, which of the following is more relevant for the purpose of calculating the direct materials usage variance?
A) Actual quantity purchased B) Actual quantity used C) The lower of standard quantity allowed and actual quantity purchased D) The lower of actual quantity used and actual quantity purchased
Which of the following describes sharp practices of business?
A. business dealings meant to obtain a benefit for a person or firm regardless of the means used B. business exchanges where the manufacturer and consumer are the same C. business plans that also take social responsibility into account D. business practices that are ethical and moral
Cycle inventory exists because producing or purchasing in large lots allows a stage of the supply chain to
A) exploit economies of scale and raise cost. B) exploit economies of scale and lower cost. C) exploit customers and lower cost. D) exploit customers and raise cost.