A company's budget manual should include all of the following except:
a. Statements of the budgetary purpose.
b. Original, revised, and approved budgets.
c. Sample budgetary forms.
d. The amount of budget slack that will be tolerated.
d
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Direct investment in international marketing refers to
A. having a company handle its own exports directly, without intermediaries. B. contracting with a foreign firm to manufacture products according to certain specifications. C. offering the right to a trademark, patent, trade secret, or similarly valued items of intellectual property in return for a royalty or fee. D. a national market-entry strategy that entails a foreign company and a local firm investing together to create a local business. E. a global market-entry strategy that entails a domestic firm actually investing in and owning a foreign subsidiary or division.
In order to claim damages for negligence per se, the plaintiff has to prove that ________
A) the defendant was in exclusive control of the situation B) the plaintiff was within a class of persons meant to be protected by the violated statute C) the defendant made a false representation of material fact D) the plaintiff was affected by malicious statements made by the defendant about his or her character
The number of nurses and doctors that a hospital may need on any given day depends not only on the number of patients but also on the types of patient care required. This is an illustration of which of the following statements?
A. Services cannot be inventoried. B. Services have low demand volatility. C. Services require skilled labor. D. Capacity required for services is hard to predict.
What determines the difference between a direct and an indirect cost?
A. Whether it is relevant to a particular decision. B. Whether it is related to manufacturing or nonmanufacturing activities. C. Whether it changes when activity levels change. D. Whether it can be traced to a specific cost object.