Which of the following would be considered a direct labor cost for a manufacturing company?
A) wages of the assembly line staff
B) wages of the factory janitors
C) wages of the factory manager
D) salaries of the internal auditors
A
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Which statement is true of using stock options as incentive pay?
A. Low-level employees with stock options are more likely to think like owners than executives who have stock options. B. Stock options require an option holder to purchase the organization's stocks at its present market rate. C. Stock options are rewarding for employees who exercise their option when the company's stock value has risen. D. The use of stock options ensures that managers add value in terms of efficiency and customer satisfaction. E. A company's performance in the stock market tends to be significantly better if its low-level employees are provided stock options.
If the allowance method of accounting for uncollectible receivables is used, what general ledger account is debited to write off a customer's account as uncollectible?
A) Uncollectible Accounts Expense B) Allowance for Doubtful Accounts C) Accounts Receivable D) Interest Expense
When companies provide too few products in a product line, they run the risk of ________.
A. delivering products that can be easily copied B. increasing barriers to market entry C. missing important market opportunities D. having inefficiencies in production E. being differentiated from competitors
A special form of time-function mapping, which goes beyond the organization into its supply chain, is ________
Fill in the blanks with correct word