Explain the difference between a controllable and a noncontrollable cost.
What will be an ideal response?
A controllable cost is one the manager has the power to influence by his or her decisions. A noncontrollable cost is one the manager does not have the ability to control.
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When a consumer is rejected for credit, the Equal Credit Opportunity Act requires the creditor to give the consumer a list of at least three other creditors
a. True b. False Indicate whether the statement is true or false
Interest rate risk and the time to maturity have a relationship that is best characterized as ________.
A) constant B) varying C) direct D) inverse
Shaunda has AGI of $90,000 and owns rental property generating a $27,000 loss. She actively manages the property. Her deductible loss is
A. $25,000. B. $13,500. C. $0. D. $27,000.
The supervisors at Proviso Inc. push for high production and do not care about the employees. In the context of the Leadership Grid, which leadership style do they use?
A. The organized-person manager style B. The sweatshop manager style C. The country club manager style D. The team manager style