The margin of safety is the difference between actual sales and budgeted sales.
Answer the following statement true (T) or false (F)
False
The margin of safety is the difference between actual or budgeted sales and break-even sales.
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As owner and senior accountant at a tax preparation firm, Mark is changing the work schedule of all employees, including managers and accountants, for the months of March and April, the company's busiest time. He is requiring everyone to work on weekends, just as he has during the tax-preparation season for the last ten years. Mark should expect that his employees will be
A. terribly upset and will quit. B. moderately upset but not willing to quit. C. moderately upset and complain. D. hardly upset or not upset at all. E. terribly upset but not quit.
In addition to compensation, customers expect ________. In other words, they expect fairness in terms of policies, rules and timeliness of complaint process.
A. Interactional fairness B. Outcome fairness C. Functional equity D. Procedural fairness E. Service equity
The task of crafting a company's strategy would not normally be described as which of the following?
A. Ultimate responsibility for leading the strategy-making task rests with the chief executive officer. B. In most companies, crafting strategy is a team effort, involving managers and often key employees at many organization levels. C. In most of today's companies, every company manager has a strategy-making role, ranging from major to minor, for his or her area of responsibility. D. It is the responsibility and duty of a company's board of directors to ensure that new strategy proposals can be defended as superior to alternatives and, ultimately, to approve or disapprove of the strategy formulated and proposed by the company's management. E. The task of crafting strategy is best done by a company's chief strategic planning officer, who should report directly to the company's CEO and board of directors.
For what purpose should the active voice be used?
A) To strengthen most business writing B) To emphasize an action rather than a person C) To de-emphasize negative news D) To conceal the doer of the action