The sum of the material price variance (calculated at point of purchase) and material quantity variance equals

a. the total cost variance.
b. the material mix variance.
c. the material yield variance.
d. no meaningful number.


D

Business

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Abbi works at Railroad Ties. Her bosses continually indicate that her motivational level is low. Abbi agrees, but is unwilling to work harder until the company changes the types of reward it offers its employees. Which of the following is low for Abbi?

A. E ? P expectancy B. O ? P expectancy C. Valence D. Motivators E. O ? E indicators

Business

Calumet Pottery Supply allows a 10 percent reduction off its list price of Jepson clay whenever an intermediary orders more than 100 cases in one shipment. This is a

A. noncumulative quantity discount. B. seasonal discount. C. cumulative quantity discount. D. PM. E. cash discount.

Business

To qualify for the intrastate offering exemption, a corporation can offer to sell its securities only to persons residing in the same state as the corporation

Indicate whether the statement is true or false

Business

Answer the following statement(s) true (T) or false (F)

Entrepreneurship is more than the mere creation of a business.

Business