Briefly identify some disadvantages a company with a large and diverse business portfolio may experience
What will be an ideal response?
Managing a broad array of products and services is costly, and this diversity increases the likelihood that some of the company's products and services will not reflect the company's mission, values, and objectives.
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Refer to the following trial balance
Debit Credit Cash $16,000 Accounts Receivable 42,000 Merchandise Inventory 62,000 Supplies 15,000 Land 330,000 Accounts Payable $2,000 Notes Payable 25,000 Common Stock 296,000 Retained Earnings 24,000 Dividends 6,000 Sales Revenue 480,000 Sales Returns and Allowances 9,000 Sales Discounts 8,000 Cost of Goods Sold 200,000 Salaries Expense 17,000 Utilities Expense 65,000 Rent Expense 53,000 Interest Expense 4,000 ________ Totals $827,000 $827,000 How much is the net sales revenue? A) $463,000 B) $479,000 C) $145,000 D) $141,000
Which of the following would be classified as an appraisal cost on a quality cost report?
A. Maintenance of test equipment. B. Debugging software errors. C. Warranty repairs and replacements. D. Re-entering data because of keying errors.
Certification of a check at the request of a holder: A) releases all prior secondary parties
B) releases the drawer but not prior indorsers. C) releases prior indorsers, but not the drawer. D) does not release all prior secondary parties.
While preparing a research report, a researcher should:
A. base all conclusions or recommendations on one or a few statistically significant questions or results. B. avoid unnecessary use of multivariate techniques. C. try making the report bigger and more comprehensive by adding information that does not pertain directly to the research objectives. D. avoid providing interpretations of the statistical data and results. E. ignore quality and instead focus on the packaging of the report.