Standard costing would most often require which type of performance evaluation?
a. Flexible budgeting
b. Zero-based budgeting
c. Variable costing
d. Any of these choices
A
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When deciding to use a routine request format, which of the following should you do?
A) Use a demanding tone to ensure compliance. B) Assume that your audience will comply. C) Avoid spelling out exactly what you want. D) First offer a justification for the request. E) Use the phrase "thank you in advance."
The purpose of the screening interview is to
A. Identify the job applicants who mistakenly believe they are qualified for the job for which they are applying. B. Identify which department is most suitable for each of the applicants. C. Identify the employees who wish to be promoted to higher-level positions. D. Identify potential problem employees.
Short-termism is defined as
A. assessing the short-term costs of complying with government regulations. B. assessing the costs and damages to the company's reputation as a result of ethical violations. C. making assessments of the moral character of a company's managers. D. the tendency for managers to focus on immediate performance objectives at the expense of longer-term strategic objectives. E. weighing the short-term costs of regulatory compliance with the long-term costs of noncompliance.
The production rate has been steady at 20 units per hour. The average work-in-process inventory at this station is 15 units. What is the average lead time through this manufacturing station?
A) 15 minutes B) 30 minutes C) 45 minutes D) 1.0 hours