APR means
A) actual percentage rate.
B) applied percentage rate.
C) annual percentage rate.
D) all-banks percentage rate.
Answer: C
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The planning/control cycle has two control steps: (1) control the direction by comparing results with the plan and (2) control the direction by taking corrective action in two ways—namely, by
A. receiving feedback, and, if needed, making new plans. B. researching ways to plan better and increasing profits. C. increasing organization synergy and diversity. D. correcting deviations in the plan being carried out or improving future plans. E. improving future plans, and, if needed, cutting costs.
Which one of the following statements is not true regarding depreciation?
A) It is a systematic, rational method of allocating the cost of an asset over its useful life. B) It attempts to match the costs of acquiring an asset to the benefits to be derived from the asset. C) It does not attempt to measure the value of the asset. D) It provides funds for the replacement of the asset through tax savings over the asset's life.
Donnelly Manufacturing Donnelly Manufacturing sells cedar birdhouses. The company has prepared the following sales forecast for the third quarter of 2013: July 10,000 units August 12,000 units September 20,000 units Inventory at June 30, 2013 was budgeted at 1,500 units. Management would like the desired quantity of finished goods inventory at the end of each month to be equal to 15% of next
month's budgeted unit sales. October's sales are projected to be 24,000 units. Each completed unit of finished product requires 2.5 square feet of cedar at a cost of $3.5 per square foot. Refer to the Donnelly Manufacturing information above. The company has determined that it needs 10 percent of next month's raw material needs on hand at the end of each month. The cost of the direct material that should be purchased in August is: A) $121,975 B) $ 34,850 C) $115,500 D) $ 46,200
Identify the differences between an ethical computer use policy and an acceptable computer use policy.
What will be an ideal response?