Which of the following statements is true of Baby Boomers?
A. They are otherwise known as the "Millennials."
B. They were born between 1925 and 1942.
C. They preceded Generation X.
D. They were born after the Silent Generation.
Answer: D
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What are different factors that motivation theories emphasize?
What will be an ideal response?
Which of the following types of companies would not have a need to calculate a fixed overhead volume variance?
A) A company that uses variable costing. B) A company that uses absorption costing. C) A company that applies fixed overhead based on direct labor hours. D) A company that uses activity-based costing (ABC).
Cartman owns convertible securities in OctoCore Corp. If the conversion ratio for the convertible securities is 37, it means that:
A. Cartman can convert 37 percent of the convertible securities that he owns for shares of common stock. B. Cartman can resell the 37 percent of the convertible securities that he owns to other preferred stockholders. C. Cartman can exchange each convertible security that he owns for 37 shares of common stock. D. Cartman can liquidate each convertible security that he owns for $37.
Clean Machines Company makes washing machines. Over the phone, Clean offers to sell Dealers Appliance Outlet one hundred model EZ2000 washers at a price of $150 per unit. Clean says that it will keep the offer open for ninety days. Dealers responds that within two or three weeks it will decide whether to accept. One week later, Clean faxes, and Dealer receives, notice that the offer is withdrawn. Dealer immediately phones Clean to accept the $150-per-unit offer. When Clean refuses to deliver at that price, Dealer files a suit. Clean asserts, first, that there is no contract and, second, that if there is a contract, it is unenforceable. Discuss Clean's assertions.
What will be an ideal response?