Direct operating margin may be used as a basis for eliminating a department
a. True
b. False
Indicate whether the statement is true or false
True
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Mary Tappin, an assistant Vice President at Galaxy Toys, was disturbed to find on her desk a memo from her boss, Gary Resnick, to the controller of the company. The memo appears below:GALAXY TOYS INTERNAL MEMOSept 15To: Harry Wilson, ControllerFm: Gary Resnick, Executive Vice PresidentAs you know, we won't start recording many sales until October when stores start accepting shipments from us for the Christmas season. Meanwhile, we are producing flat-out and are building up our finished goods inventories so that we will be ready to ship next month.Unfortunately, we are in a bind right now since it looks like the net income for the quarter ending on Sept 30 is going to be pretty awful. This may get us in trouble with the bank since they always review the quarterly financial reports and may
call in our loan if they don't like what they see. Is there any possibility that we could change the classification of some of our period costs to product costs-such as the rent on the finished goods warehouse?Please let me know as soon as possible. The President is pushing for results.Mary didn't know what to do about the memo. It wasn't intended for her, but its contents were alarming.Required:a. Why has Gary Resnick suggested reclassifying some period costs as product costs?b. Why do you think Mary was alarmed about the memo? What will be an ideal response?
Which of the following statements is TRUE of the decertification process?
A. The right to decertify a union is a major provision of the Wagner Act. B. A decertification election generally cannot take place when a contract is in effect. C. Management has the right to call for a decertification election without consulting employees. D. When decertification elections are held, unions almost always fare well. E. Management cannot provide information to employees regarding decertification processes.
Any relevant material, except information stored electronically, can be the object of a discovery request
a. True b. False Indicate whether the statement is true or false
Case 5-1Tonya teaches public speaking at a local college. Today she is covering the topic of "Managing Questions and Answers." Please answer the questions below. Speakers should repeat the question asked by an audience member ____.
A. after each question B. only if absolutely necessary C. only if the person is a nonnative speaker D. only if the person talks softly