During which of the following steps in the Deloitte & Touche five-step process to embed ethics and values within the culture of the firm does management ask its employees via surveys and interviews what their assessment of the firm’s culture is?
a. Review of current compliance program
b. Review of current ethical policies and procedures
c. Risk/cultural assessment
d. Development of an ongoing self-assessment of the compliance program
c. Risk/cultural assessment
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What is not a key factor when assessing a potential industry?
a. Industry growth b. Government regulations c. Competitors’ activities d. Exit valuation
Ordering costs include ______.
a. warranty costs b. the cost of inspecting goods received for quality and quantity c. costs of scrap d. costs of rework
Which combination of dimensions explains preference for cars with fast acceleration?
a. masculine/high uncertainty avoidance b. masculine/low uncertainty avoidance c. feminine/high uncertainty avoidance d. feminine/low uncertainty avoidance
Dapice Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted fixed manufacturing overhead$76,815 Budgeted hours 13,500labor-hoursStandard hours allowed for the actual production 14,400labor-hours?The fixed overhead volume variance is:
A. $21,121 U B. $21,121 F C. $5,121 F D. $5,121 U