In countries with lower levels of uncertainty avoidance, ________.
A. there is high job mobility
B. organizational activities are less formal
C. more risk taking occurs
D. All of the choices are correct.
Answer: D
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Assessing control risk at a lower level involves all of the following except:
A. performing tests of controls. B. identifying specific controls to rely on. C. concluding that controls are ineffective. D. analyzing the achieved level of control risk after performing tests of controls.
One of the attributes of sustainability is that it:
A. can lead to huge expenses. B. cannot be used in the long term. C. reduces competitive advantage. D. is a good risk management strategy.
Robotics is the use of programmable machines to perform a variety of tasks by manipulating
A. people and machines. B. machines and tools. C. materials and people. D. materials and tools. E. tools and financing.
Traeger Woodworking Corporation produces fine cabinets. The company uses a job-order costing system in which its predetermined overhead rate is based on capacity. The capacity of the factory is determined by the capacity of its constraint, which is an automated bandsaw. Additional information is provided below for the most recent month: Estimates at the beginning of the month: Estimated total fixed manufacturing overhead$26,936 Capacity of the bandsaw 280hoursActual results: Actual total fixed manufacturing overhead$26,936 Actual hours of bandsaw use 260hours The cost of unused capacity that would be reported as a period expense on the income statement prepared for internal management purposes would be closest to:
A. $1,924 B. $0 C. $18,136 D. $18,765