Which of the following is most likely to be accounted for as a by-product?

a. Heating oil resulting from processing crude oil at a refinery.
b. Cream resulting from processing raw milk at a dairy.
c. Sawdust resulting from processing lumber at a lumber mill.
d. Ground beef resulting from processing beef at a meat packer.


c

Business

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Which of the following would be an example of an effective use of the Social Communication Model?

A) Using email to send interoffice memos B) Sharing information on a blog C) Using instant messaging to update team members on the status of a project D) Using virtual meetings E) Town hall meetings for new product launches

Business

From a __________ perspective, resources are wasted unless they contribute to success in the marketplace, and the more direct the contribution, the better.

A. global economic B. customer service C. strategic manager’s D. world-class manufacturing

Business

On the statement of cash flows prepared using the direct method, cash from customers would be computed as sales plus

A) an increase in accounts receivable. B) an increase in accounts payable. C) a decrease in accounts receivable. D) a decrease in accounts payable.

Business

Which of the following is not included in performance reports?

A) Standard costs B) Normal capacity C) Total plantwide overhead costs D) Budgeted costs

Business