In the stages of moral development model, the ______ stage involves the following rules only when it is in one’s immediate interest and viewing right as an equal exchange, a fair deal.
A. principled perspective
B. interpersonal accord, conformity, mutual expectations
C. instrumental purpose and exchange
D. obedience and punishment
C. instrumental purpose and exchange
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Answer the following statements true (T) or false (F)
1) A cellular phone manufacturer is more likely to use a process costing system rather than job order costing. 2) Both job order costing and process costing track the product costs of direct materials, direct labor, and manufacturing overhead through three inventory accounts on the balance sheet. 3) A process is one of a series of steps in manufacturing, usually associated with making large quantities of similar items. 4) Under process costing, a single Work-in-Process Inventory account is maintained for all processes, with a subsidiary ledger containing individual production cost reports for each process. 5) Under process costing, the costs incurred by each department are reported in a separate production cost report for each department.
Give an example of cost escalation as a strategy in friendship disengagement.
What will be an ideal response?
Which of the following statements is FALSE with respect to supplier phase out?
a. Phasing out suppliers is costly and can disrupt the operations of both the buying and selling firms. b. The decision to switch to a new supplier should be made after careful consideration. c. A buying organization should include exit clauses in the contract to ensure that penalties for early contract termination are avoided. d. Phasing out suppliers is relatively easy and inexpensive.
Significant departures investigated, when using management by exception, are uniform across all size and types of organizations with varying production processes.
Answer the following statement true (T) or false (F)