The nominal rate of return on a bond is 7.28 percent while the real rate is 3.09 percent. What is the rate of inflation?
A) 4.06 percent
B) 4.28 percent
C) 4.09 percent
D) 4.13 percent
E) 4.17 percent
A) 4.06 percent
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The strongest brands go beyond attributes or benefit positioning; they are positioned on ________
A) desirable benefits B) service attributes C) status D) values E) customer image
Answer the following statements true (T) or false (F)
1. A budget is the funds allocated to operate a unit for a fixed period. 2. Standing plans are developed for handling non-repetitive situations. 3. Contingency plans are alternative plans to be implemented if controllable events occur. 4. Procrastination generally leads to increased stress levels. 5. Research indicates that most people are fairly skilled multitaskers.
The book, Leadership Development in Balance (2005), goes over the author’s viewpoints about the research on inherited and learned leader behaviors. According to the author, this research shows that
a. the concept that people are born with certain leadership predispositions and abilities is a myth b. the personality traits he describes are the key drivers behind leadership success and that it is vain to believe that people can develop leadership skills c. leaders are both MADE and Born d. once people reach adulthood their leadership style is set and is not longer susceptible to being changed by the environment
Ronda Manufacturing Corporation uses a standard cost system with machine-hours as the activity base for overhead. Last year, Ronda incurred $840,000 of fixed manufacturing overhead and generated a $42,000 favorable fixed manufacturing overhead budget variance. The following data relate to last year's operations: Denominator activity level in machine-hours21,000Standard machine-hours allowed for actual output20,000Actual number of machine-hours incurred22,050?What amount of total fixed manufacturing overhead cost did Ronda apply to production last year?
A. $926,100 B. $837,900 C. $972,405 D. $840,000