The method of distributing service department costs to production departments which makes no attempt to determine the extent to which one service department renders its services to another department is the:
a. Direct distribution method.
b. Sequential distribution method.
c. Service department distribution method.
d. Reciprocal method.
a
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The shop floor control process is devoted to monitoring and recording the status of manufacturing orders as they proceed through the factory
Indicate whether the statement is true or false
Compute the standard deviation of X
Assume X has the following probability distribution: X 1 2 3 4 P(X) .1 .5 .2 .2
If you receive a phone call that seeks to verify or update personal information you should
A) ask several questions of the solicitor to verify the person's authenticity. B) ask to speak to a supervisor. C) obtain the person's name and address in case you need to contact him or her in the future. D) obtain the person's name and phone number and call the company to verify his or her credentials.
Answer the following statements true (T) or false (F)
1. The pecking order explanation of capital structure states that a hierarchy of financing exists for firms, in which new external debt financing is employed first, followed by retained earnings and finally by external equity financing 2. The asymmetric information explanation of capital structure suggests that firms will issue new equity only when the managers believe the firm's stock is overvalued; as a result, issuing new equity is considered a negative signal that will result in a decline in share price. 3. The asymmetric information explanation of capital structure suggests that firms will issue new debt only when the managers believe the firm's stock is overvalued; as a result, issuing new debt is considered a negative signal that will result in a decline in share price. 4. Holding all other factors constant, a firm that is subject to a greater level of business risk should employ less operating leverage than an otherwise equivalent firm that is subject to a lesser level of business risk. 5. Holding all other factors constant, a firm that is subject to a greater level of business risk should employ more operating leverage than an otherwise equivalent firm that is subject to a lesser level of business risk.