A significant difference between the organizational structure used by a chain retailer and by a diversified retailer is that the chain retailer more often has _____
a. elaborate financial controls
b. standardized operations in all units
c. a more complex organization structure
d. a large number of divisions
b
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Interlocking goals characterize ________ parties-the parties need each other in order to accomplish their objectives and each has the potential to influence the other party.
Fill in the blank(s) with the appropriate word(s).
The Norran Company needs 15,000 units of a certain part to use in its production cycle. If Norran buys the part from Waterloo Company instead of making it, Norran could not use the released facilities in another activity; thus, all of the fixed overhead applied will continue regardless of what decision is made. Accounting records provide the following data: Cost to Norran to make the part: Direct
materials, $3 Direct labor, $12 Variable overhead, $13 Fixed overhead applied, $8 Cost to buy the part from the Waterloo Company, $27 In deciding whether to make or buy the part, Norran's total relevant costs to make the part are a. $360,000. b. $240,000. c. $420,000. d. $405,000.
A obvious problem with post audits is that the assumptions driving the original analysis may often be invalidated by changes in the actual operating environment
Indicate whether the statement is true or false
A gender-based classification in a state law preferring men as executors of estates was found to violate equal protection under the _____ test
Fill in the blanks with correct word