One factor in determining the moral intensity of an ethical issue is how quickly the consequences take effect, a factor that is known as:
A. Temporal immediacy.
B. Probability.
C. Proximity.
D. Social consensus.
Answer: A
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Lee Maritime Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor
Lee uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: Direct materials: 2 pounds per unit; $3 per pound Direct labor: 4 hours per unit; $14 per hour Lee produced 5,000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the company used 30,000 direct labor hours and actual total direct labor costs were $375,000. What is the direct labor cost variance? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A) $45,000 Favorable B) $280,000 Favorable C) $280,000 Unfavorable D) $45,000 Unfavorable
The fact that customers may buy "forward," or buy large amounts that keep them supplied for many months, is a drawback ofÂ
A. cooperative advertising. B. buying allowances. C. push money. D. dealer loaders. E. scan-back allowances.
Exporting has an advantage, compared to other types of international involvement, because it is usually easier to drop or change arrangements as the firm's needs change.
Answer the following statement true (T) or false (F)
What are the goals of the Federal Reserve and how does the Federal Reserve attempt to control inflation"? Why is low and steady inflation important?
What will be an ideal response?