Firms are increasingly trying to expand their exports to what country because it has the world's second-largest population and a growing middle class?
A. China
B. Japan
C. India
D. South Korea
Answer: C
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Which of the following factors influence the risk of material misstatement?
a. The business risks. b. Management incentives. c. IT risks. d. All of the above.
Liz has a dream to be an accomplished piano player. However, something is impeding her progress toward this goal. Liz works hard when she sits down at the piano, and she knows exactly what and how to practice the piano. The problem seems to be she does not practice consistently and on a set schedule. She only practices when she feels like it. According to this scenario, what element of motivation is Liz missing?
a. Energy b. Direction c. Maintenance d. Leadership
Indicate whether each of the following statements is true or false.________ a) An asset source transaction may involve a debit to an asset and a credit to a stockholders' equity account.________ b) An asset use transaction may involve a debit to an asset account and a credit to a liability.________ c) A credit to the Common Stock account would be included in an asset use transaction.________ d) The payment of rent in advance involves a debit to Prepaid Rent and a credit to Cash.________ e) Recognition of Rent Expense (when a cash payment had previously been made in advance) involves a debit to Rent Expense and a credit to Prepaid Rent.
What will be an ideal response?
A grocery chain is considering the installation of a set of 4 self-checkout lanes. The new self-checkout lane setup will replace 2 old cashier lanes that were staffed by a cashier and bagger on each lane
One cashier mans all 4 self-checkouts (answering questions, checking for un-scanned items, taking coupons, etc). Checkout on the new lanes takes 2 minutes (customers bag their own orders) while checkout with the old lanes took only 45 seconds. In addition, the electricity costs for both setups are $0.05 per checkout while bagging (material) costs are $0.10 per checkout with the old system and $0.15 for the new system. The new lanes also require $100/shift in capital costs. Assume that the lanes are always in use for 8 hours per day (1 shift) and that a worker makes $10/hour. (a) How many checkouts did the old system provide in a shift? (b) How many checkouts does the new system provide? (c) What is the multifactor productivity for each system?