Efficiency wage theory says that sometimes high wages may:
A. increase efficiency if they reduce "shirking"
B. increase efficiency if they increase turnover
C. increase efficiency if they reduce worker effort
D. lower labour costs if they attract low-quality applicants
E. lower labour costs if they increase the need to supervise employees
Answer: A
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Marion Manufacturing had the following cash flows for the current year. The company uses the direct method in preparing the statement of cash flows. Cash receipts from issuance of stock$60,000 Bonds payable issued at face value 250,000 Cash dividends received from long-term investments 4,500 Cash paid for wages 20,000 Cash paid for dividends 5,000 Cash received from customers 42,500 Cash paid for other operating expenses 19,500 Cash paid to purchase equipment 100,000 What is the net cash provided by (used in) investing activities?
A. ($95,000) B. $205,000 C. ($100,000) D. $210,000
Which of the following is NOT one of the four key participants in managing transportation for a company?
a. consignor b. consignee c. carrier d. insurance provider
Large aircraft manufacturers normally use:
A. Process costing. B. Job order costing. C. Full costing. D. Mixed costing. E. Simple costing.
Relocating to a nonunion site (e.g., in the south or in another country), by subcontracting or by working toward union decertification is a change strategy for unionized companies known as:
A. Fostering B. Escape C. Forcing D. Avoiding