Which of the following concepts and assumptions are included in GE's virtuous teaching cycle?
a. Leadership at all levels
b. Passive aggressive behavior
c. Rigid top-down process
d. Boundary laden, turf-oriented organization
a
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Mansour Memorial Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for February was based on 3,000 meals, but the diner actually served 3,400 meals. The diner's director has provided the following cost formulas to use in budgets: Fixed element per month Variable element per mealGroceries$0 $2.20 Kitchen operations$4,100 $1.90 Administrative expenses$3,600 $0.60 Fundraising expenses$1,100 $0.00 Required:Prepare the diner's flexible budget for the actual number of meals served in February. The budget will only contain the costs listed above; no revenues will be on the budget.
What will be an ideal response?
In selecting a non-financial performance measures managers should choose measures that reflect
a. Both short-run and long-term measures related to critical success factors. b. Long-term supplier satisfaction levels. c. Short-term financial visibility. d. Qualitative characterstics that point out sub-optimization activities and throughput bottlenecks.
An express warranty is created upon description of the goods
Indicate whether the statement is true or false
Adjusting entries always affect the cash account.
Answer the following statement true (T) or false (F)