A disadvantage of contingency funds is:
A) A recognition that the future contains both knowns and unknowns and the problems that might arise will impact the budget.
B) It is difficult to ascertain across what project activities contingency funds should be applied.
C) That application to the contingency fund gives an early warning signal of a potential overdrawn budget.
D) That provision is made in the company plans for an increase in project cost.
B
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Answer the following statements true (T) or false (F)
1. A parochial manager is able to consider decisions and events from a variety of viewpoints. 2. Two of the reasons companies expand internationally are to take advantage of the availability of suppliers, or to charge tariffs or impose import quotas. 3. The reasons that companies expand internationally typically have to do with making or saving money. 4. Maquiladoras are manufacturing plants allowed to operate in South and Central America with special privileges in return for employing citizens in these countries.
______ bargaining is best for parties that want to build long-term relationships with each other.
A. Collaboration bargaining B. Competitive bargaining C. Distributive bargaining D. Integrative bargaining
If fixed costs are $300,000, the unit selling price is $31, and the unit variable costs are $22, what is the break-even sales (units) if fixed costs are reduced by $30,000?
A) 30,000 units B) 8,710 units C) 12,273 units D) 20,000 units
Where is the Common Stock Subscribed account shown on a corporate balance sheet?
a. As a long-term liability account. b. As part of total paid-in capital. c. As a contra-equity account. d. As a contra-asset account. e. Common Stock Subscribed is not reported on a corporate balance sheet.