Harris Landscaping Services incurred $500 as a labor expense and promised to pay the labor agency within 30 days. Which of the following accounts will increase as a result of this transaction?
A) Accounts Receivable
B) Cash
C) Accounts Payable
D) Retained Earnings
C
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Answer the following statements true (T) or false (F)
SPEs are designed to conduct just one well-defined activity.
New Balance makes the Minimus line of shoes with a Vibram outsole and REVlite cushioning for those who want to "feel the trail." Its 1260v2 shoe incorporates Stabilicore technology to "deliver a plush, smooth, and stable ride." And its Made in America, top of the line, 990v3 traditional running/walking shoe uses a "premium pigskin upper with mesh inserts for breathability, a stability-enhancing ABZORB? idsole, and ENCAP to promote a healthy gait." The strategy of appealing to different types of customers in this way is an example of
A. product definition. B. market specific selection. C. market segmentation. D. mass customization. E. single chain marketing.
Which of the following statements best describes the productivity paradox of technology investment?
A) The productivity of any technology is directly proportional to the investment in that technology. B) While it is easy to quantify the costs associated with developing an information system, it is often difficult to quantify tangible productivity gains from its use. C) As investment in technology increases, productivity decreases steadily. D) While it is easy to identify and quantify the intangible benefits of an information system, it is not easy to quantify the tangible benefits. E) The productivity of an information system is in no way related to the investment in the technology.
An organization uses Scanlon plan to provide incentives to employees. The workers produce parts worth $5 million. The target ratio set by the organization is 30%. The employees will be given a bonus if the actual labor costs are less than:
A. $0.5 million. B. $1 million. C. $1.5 million. D. $2 million. E. $2.5 million.