An increase in the use of technology has caused
a. fewer costs to be susceptible to short-run control.
b. companies to be more flexible in responding to changing short-term conditions.
c. managers to be less concerned about capacity utilization because of the increased ability to produce in large quantities.
d. a decline in the amount of fixed costs in an organization.
A
You might also like to view...
Materiality:
a. Is a standard for determining whether a financial event or issue must be reported. b. Is no longer part of GAAP. c. Is the reason EBITDA is now used. d. Is a physical technique for managing earnings.
A typical forfaiting transaction involves the following parties EXCEPT:
A) importer B) exporter C) carrier D) importer's Bank
The level of significance is the
a. maximum allowable probability of Type II error. b. maximum allowable probability of Type I error. c. same as the confidence coefficient. d. same as the p-value.
The economic system that best describes the United States is ________
a. capitalism b. communism c. mixed market d. socialism