The Acme Global Corporation prefers to concentrate decision making at the top of the organizational chart. This allows the company to focus on hiring good decision makers in only a few jobs. This would indicate that Acme Global has a high degree of _________ in its structure.
A. centralization
B. vertical differentiation
C. horizontal differentiation
D. formalization
E. None of the above
A. centralization
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A power stated in a mortgage or deed that permits foreclosure without court proceedings and sale of the property through an auction is known as ________
A) reconveyance B) foreclosure sale C) power of sale D) garnishment
A survey of buying intentions is a type of quantitative forecasting.
Answer the following statement true (T) or false (F)
Jake declared personal bankruptcy in Ontario in 2015. Which of the following assets could JakeNOT keep?
A) $8,000 worth of furniture B) a $7,000 pick up truck C) $10,000 in a life insurance policy D) $5,000 in clothes and hockey equipment E) he can keep all of these assets
Avril Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $4.60 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $54,080 per month, which includes depreciation of $3,840. All other fixed manufacturing overhead costs represent current cash flows. The direct labor budget indicates that 3,200 direct labor-hours will be required in October.The company recomputes its predetermined overhead rate every month. The predetermined overhead rate for October should be:
A. $21.50 per direct labor-hour B. $4.60 per direct labor-hour C. $20.30 per direct labor-hour D. $16.90 per direct labor-hour