Capital budgeting involves ________
A) budgeting for yearly operational expenses
B) preparing the sales budget for the coming year
C) deciding among various long-term investments
D) analyzing various alternatives of financing available to a company
C
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Which of the following statements about the minimum wage is accurate?
a. Free market advocates support higher minimum wages to keep the labor force healthy. b. States can establish their own minimum wages, but only if they are higher than the federal minimum wage. c. The federal minimum wage is generally determined based on what is believed to be a living wage. d. In 2015, about 12.6 million workers were paid a minimum wage.
A direct labor rate variance would occur in which of the following?
A) When a production employee takes an unplanned break B) When a production employee spends more time producing one product than was expected C) When a low-paid production employee performs a task higher than his or her assigned level D) When a production employee incurs overtime hours at the same hourly rate as regular pay
Evaluating capital investment proposals prior to making a decision falls under which stage of the management process?
A) Planning B) Performing C) Evaluating D) Communicating
Organizations have resorted to various e-procurement methods, such as setting up direct links to approved suppliers to make the business purchase easier and move it closer to front-line decision makers.
Answer the following statement true (T) or false (F)