Researchers found a statistically significant inverse relationship between a country's economic prosperity, as measured by the per capita gross domestic product, and the country's judicial independence
a. True
b. False
Indicate whether the statement is true or false
False
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According to the text, a(n) ________ refers to something that provides the correct action to take in any situation and never gets tailored to fit a situation.
A. fixed point of reference B. ethical continuum C. situational barometer D. ethical talisman E. situational compass
Aquatic Marine Stores Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. Aquatic uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows:
Direct materials: 4 pounds per unit; $6 per pound Direct labor: 2 hours per unit; $17 per hour During the first quarter, Aquatic produced 4000 units of this product. Actual direct materials and direct labor costs were $65,000 and $329,000, respectively. For the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 4000 units. A) $96,000 B) $65,000 C) $16,000 D) $24,000
When using ACE for bad-news messages, which of the following should be considered during the composing stage of the process?
A) Can I do anything else to project a positive image and maintain goodwill? B) How can I close the message appropriately? C) What is the best medium for this message? D) Have I avoided legal complications? E) Does the message project a good image of me?
The days-in-inventory ratio:
A) measures the length of time it takes to acquire, sell, and replace the inventory. B) is computed by dividing the cost of merchandise sold by 365. C) measures the length of time it takes to sell the merchandise on credit and collect the account receivable. D) is about the same for all industries.