Profit margin for an investment center measures:
A. Investment center income earned per dollar of sales.
B. Investment center income compared to target investment center income.
C. Departmental contribution to overhead.
D. How efficiently an investment center generates sales from its invested assets.
E. Investment center income generated from its invested assets.
Answer: A
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In general, HR departments should be able to improve their performance through some combination of greater efficiency and greater effectiveness. In this context, greater efficiency means the HR department
A. uses fewer and less-costly resources to perform its functions. B. has a relatively limited influence over employee performance. C. has a more beneficial effect on the organization's performance. D. spends lavishly on resources. E. ensures that all operations are legal.
When it comes to strikes, most public sector workers are:
A. Able to strike legally, without loss of benefits. B. Able to strike but must take economic losses. C. Prohibited from striking. D. Allowed to strike only over certain issues like management abuse.
A buyer in the ordinary course of business has priority unless a previously perfected security interest exists as to the goods.
Answer the following statement true (T) or false (F)
The interest coverage ratio is equal to:
A) EBIT/interest. B) interest/EBIT. C) (debt + equity)/EBIT. D) EBIT * interest.