Among the advantages of predetermined time standards are all EXCEPT which of the following?
A) Unions accept them as fair.
B) They are available before a task is actually performed.
C) They can only be determined after work actually takes place.
D) They can be established in a laboratory setting.
E) No performance ratings are necessary.
C
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One definition of earnings management is that it occurs when managers use
a. judgment in financial reporting to alter financial reports to mislead stakeholder. b. an accounting method that is inconsistent with other industry members. c. more conservative accounting estimates than other companies. d. pro forma accounting results as opposed to GAAP results.
Which of the following conditions is most likely essential for implementing a successful market-skimming pricing strategy for a product?
A) The product's quality and image must support its high price. B) Lower-priced alternatives can enter the market easily. C) Low prices promote more market growth than high prices. D) The product's price matches its manufacturing costs. E) A low-price position of the product is maintained.
Analysts deciding between investments must consider the comparative risks. Which of the following is/are not firm-specific factors that affect the risk of business firms?
a. labor strikes b. loss of facilities due to fire c. poor health of key managerial personnel d. loss of facilities due to earthquake e. unemployment
A _______________ brand has high brand equity and high brand loyalty with loyal customers.
a. New b. Weak c. Strong d. Divested