Performance reports help managers use management by exception and effectively control operations.
Answer the following statement true (T) or false (F)
True
It is true that performance reports help managers use management by exception and effectively control operations.
You might also like to view...
On January 1, 2018, Como Company purchased 45% of the outstanding common shares of the Lite Company for $200,000. The net assets of Lite Company totaled $400,000. The inventory had a book value of $100,000 and a fair value of $120,000. Excess cost attributable to inventory is written off in 2018. During 2018, Lite Company earned $200,000 and declared a dividend of $40,000 for the year.The fair value of the Lite stock investment at the end of 2018 was $210,000. Which of the following amounts are correct assuming that Como elected to use the fair value option to account for the Lite investment?2018 December 31, 2018 Income carrying value
A. $91,000 $273,000 B. $18,000 $210,000 C. $28,000 $210,000 D. $81,000 $263,000
One significant difference between a classified and a non-classified balance sheet is the distinction between which of the following items?
a. Assets and liabilities b. Current and noncurrent items c. Liabilities and owners' equity d. Resources invested by the owners and amounts borrowed from creditors
Which of the following strategic market plans is more likely to occur in the latter stages of a product-market life cycle and is often designed to protect important share positions and be a large contributor to short-run sales revenues and profits?
A) disintermediation strategies B) defensive strategies C) offensive strategies D) centralization strategies E) decentralization strategies
Which of the following is NOT a common variable used by both consumer and business marketers while segmenting markets?
A) operating characteristics B) loyalty status C) usage rate D) geographic location E) benefits sought