The responsibility report of Keith Parker, the manager of one of the divisions of an auto parts manufacturing company, includes profits as well as return on investment and residual income. Keith is most likely the manager of a(n) ________
A) investment center
B) profit center
C) cost center
D) revenue center
A
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The amount of interest due on notes and bonds payable owed by the company is adjusted by
a. debiting Interest Payable and crediting Cost of Goods Sold. b. debiting Interest Payable and crediting Interest Expense. c. debiting Interest Expense and crediting Interest Payable. d. debiting Interest Expense and crediting Cost of Goods Sold.
Roger, a minor, buys a stereo from Tuneland, Inc Roger uses the stereo for a few months, returns it to Tuneland, and demands his money back. Roger may rescind the contract, return the stereo and get his money back
Indicate whether the statement is true or false
Fred Fryer's Donuts (Scenario)Since the integration of two new stores in Littleville, U.S., Fred Fryer's Donuts, Inc., has recognized that there is a need for reengineering the entire organization. The main need is to install new state-of-the-art kitchen equipment in the seven remaining stores, and then dispose of all old equipment to a salvage dealer or else incur a loss. The employees will have to be trained to operate the new computer programmed equipment. Fred is setting up the main store as a training store. Employees from the other stores will train at the main store for five days while their respective store's equipment is being converted. The regular employees from the main store have the responsibility of instructing the classes or overseeing the installation of the new equipment
and testing its operation before that store's employees return from training. The organization is also replacing the old employee reporting system. Ordering of materials will now be done by an intranet. Fred has promised that no one will lose his or her job because of the organizational changes. He estimates that when the employees get to the computer programming training, as many as 10 percent of the current employees will resign or retire. He also thinks that opening a new store in Nowhere, will absorb the excess employees.The installation of the new equipment at Fred Fryer's Donuts, Inc., is an example of ________. A. people change B. management change C. technological change D. structural change
Survey information on competitors' benefit packages and information on benefit costs are available from
A. the Pension Benefit Guaranty Corporation (PBGC). B. public consultants. C. unemployment offices. D. the Legal Information Institute (LII). E. the Bureau of Labor Statistics (BLS).