Tracy, a manager at a busy warehouse, was slow to hire new employees, preferring instead to encourage improvements from his current staff. He carefully watched his other costs too, performing equipment maintenance on a regular basis to improve its lifespan. Tracy would best be described as a(n) _____ manager.
A. efficient
B. ethical
C. innovative
D. effective
E. micro
A. efficient
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Which of the following is true regarding the remeasurement of inventories upward to an amount exceeding their acquisition cost?
a. Acquisition cost leads to a more conservative measure of inventories and net income during the periods prior to sale. b. An increase in the market value of inventory likely permits the firm to raise its selling price. c. The firm realizes the benefit of that increase in the period of sale when the firm actually obtains a higher selling price. d. Both U.S. GAAP and IFRS delay recognition of any increase in inventory valuation in net income until the period of sale. e. all of the above
Restraints that are not characterized as per se violations are not further examined using the rule of reason
Indicate whether the statement is true or false
Sentences that average 20 words are most effective for business writing
Indicate whether the statement is true or false
The stages of CPFR include all of the following except?
a. Strategy and planning b. Project management c. Demand and supply management d. Execution