Which of the following statements about incremental analysis is false?
A) It is based on historical information relevant to the decision at hand.
B) It focuses on the differences between alternatives.
C) It reduces the time taken to select the best course of action.
D) It makes the evaluation process easier for the decision maker.
A
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In a goal-based performance appraisal,
a. the employee and supervisor agree on goals for the employee to meet during the evaluation period. b. the employee's work is rated according to standardized company criteria for productivity, quality of work, and so on. c. no face to face meeting takes place between the employee and the supervisor. d. none of these choices.
Which item below would most likely not favor buying (versus renting) a personal residence?
A) You expect inflation to increase. B) You expect an increase in income taxes. C) You expect mortgage rates to rise. D) You anticipate relocating frequently because of your job.
Over the years, EnterBank management has successfully used the process of preparing managers and other professionals to assume increased responsibility in present and future positions. This practice is referred to as
A. employee training. B. simulation training. C. job orientation. D. skills inventorying. E. management development.
Dorman Music Corporation manufactures guitars and uses a FIFO process costing system. The following information relates to September production: Number of unitsPercent Complete with Respect to Conversion costsWork in process, September 110,00020%Units started into production45,000 Work in process, September 304,00075% Conversion cost in work in process on September 1$32,000Conversion cost added to production during September 842,400Total cost$874,400 The amount of conversion cost that should be assigned to the guitars in work in process on September 30 is closest to:
A. $48,600 B. $874,400 C. $48,000 D. $842,400