Slack in operating budgets
a. results from unintentional managerial acts.
b. makes an organization more efficient and effective.
c. requires managers to work harder to achieve the budget.
d. is greater when managers are allowed to participate in the budgeting process.
D
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During the past four decades
a. nontariff barriers (NTBs) and tariffs have increased in importance. b. NTBs and tariffs have decreased in importance. c. NTBs have increased and tariffs have decreased in importance. d. NTBs have decreased and tariffs have increased in importance.
Substantial research and development will result in more conservative earnings
Indicate whether the statement is true or false
Which of the following is a portfolio-planning tool for identifying company growth opportunities through market penetration, market development, product development, or diversification?
A) BCG matrix B) analysis of variance C) product/market expansion grid D) Harris matrix E) SWOT analysis
An example of a non-posting account is ________.
A. Inventory Account B. Purchase Orders Account C. Employee Expense Account D. Accounts Payable Account