Which of the following would be in the finished goods inventory of a company making ice cream?
A. Milk and cream used to make the ice cream.
B. Frozen ice cream that is waiting to be shipped to retailers.
C. Ice cream in process awaiting the addition of nuts.
D. Ice cream that has been made but is freezing to the level required for shipping.
Answer: B
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Identify a true statement about goal setting.
A. General goals lead to higher levels of effort and performance than specific goals. B. Worker acceptance and satisfaction tend to decrease when workers are allowed to participate in setting goals. C. Follower participation in goal setting often leads to higher levels of commitment and performance if the leader is perceived to be incompetent. D. General goals work better than specific goals because they provide enough information regarding which behaviors are to be changed.
Which of the following would be most appropriate when closing a direct format message with negative news?
A) Offer a sincere apology. B) Offer contact information in the event the reader wants to further discuss the issue. C) Provide reasons for the news. D) Offer an alternative solution. E) End on a cheerful, positive note that minimizes the impact of the negative news.
The following budget data are available for Oldest Company: Estimated direct labor hours 12,000 Estimated direct dollars $90,000 Estimated factory overhead costs $179,000 If factory overhead is to be applied based on direct labor hours, the predetermined overhead rate is
A) $2.57 B) $.51 C) $.067 D) $14.92
________ grades the highest- and lowest-valued jobs first, then the next highest- and lowest-valued jobs, repeating the process until all jobs have been graded.
A. Classification method B. Simple ranking method C. Paired comparison method D. Alternation ranking method E. Point method