Which of the following is one of the reasons why managers should plan?
A. When work activities are coordinated around plans, inefficiencies become obvious.
B. Uncertainty can be eliminated and the organization can be insulated from change with planning.
C. Planning eliminates the need to set goals.
D. Planning eliminates the need to measure work effort.
Answer: A
You might also like to view...
Why would a producer use wholesalers rather than selling directly to retailers or consumers?
What will be an ideal response?
On December 31, Carmack Company's Prepaid Insurance account had a balance before adjustment of $6,000. The insurance was purchased on July 1 of the same year for one year of insurance coverage, with coverage beginning on that date. The adjusting entry needed on December 31 is:
A. Debit Insurance Expense $6,000; credit Accounts Payable $6,000. B. Debit Cash $6,000; credit Prepaid Insurance $6,000. C. Debit Prepaid Insurance $6,000; credit Cash $6,000. D. Debit Insurance Expense $3,000; credit Prepaid Insurance $3,000. E. Debit Insurance Expense $3,000; credit Accounts Payable $3,000.
The computation of the gift tax liability for a current year
A) is made without reference to previous years. B) requires the use of current-year tax rates only. C) requires the use of different rates, depending on when the gifts were made. D) requires knowledge of the total gift taxes paid in previous years.
The ALU component of the CPU moves data and instructions between main memory and registers
a. True b. False Indicate whether the statement is true or false