Routine work is also termed

A. system work.
B. tacit work.
C. transactional work.
D. hygiene work.


Answer: C

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The exchange rate for today for delivery within two days is known as the current rate.

Answer the following statement true (T) or false (F)

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Which of the following is the primary objective of managerial accounting?

A) providing information that managers need to make operational decisions B) providing historical data to investors and creditors C) providing summarized results of operations D) providing information to comply with laws and regulations of government bodies

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The average time each customer spends in the queue is referred to as:

A) W B) Wq C) L D) Lq E) ?

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Over the past 30 years, most economies of the world have begun moving toward the market end of a spectrum that ranges from pure planned economy at one extreme to pure market economy at the other. This has led to:

A. more investments on human services such as free healthcare and education subsidies. B. a reduction in incentives for both domestic and foreign investment. C. stronger centralized government control over businesses. D. reduced red tape in socialist governments.

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