Nissan has a factory in which pickup trucks, minivans, and sport utility vehicles can all be sent down the same assembly line
Robotic welding machines and painting machines can be programmed to work on one type of vehicle after another without interruption. What kind of manufacturing does this represent?
A) computer-aided manufacturing
B) computer-integrated manufacturing
C) flexible manufacturing
D) lean manufacturing
E) mass customization
Answer: C
Explanation: C) A flexible manufacturing system is a facility that can be modified quickly to manufacture different products.
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For foreign companies that issue securities in the United States to raise capital, the SEC
A) requires these companies to file form 20-F which reconciles certain amounts reported in their financial statements with US GAAP. B) accepts all financial statements that use IFRS. C) accepts only financial statements that are fully stated under US GAAP. D) accepts financial statements from foreign companies that use English-language IFRS without exception.
The closing process is a step in the accounting cycle that prepares accounts for the next accounting period.
Answer the following statement true (T) or false (F)
A shareholder is a person who holds a monetary investment in an organization and expects a return on the investment.
a. True b. False
Answer the following statement(s) true (T) or false (F)
1. All else being equal, we pay attention to cues that are novel, unusual, brighter, more dynamic or noisier than others. 2. Effort and ability are used in internal attributions, while task difficulty and luck are used in external attributions. 3. The tendency to accept credit for success and reject blame for failure is called primacy and recency. 4. The tendency to rely more on external attributions when explaining our own actions is called fundamental attribution error. 5. The shortcuts we use to be efficient but create distortions are perceptual biases.