Which of the following aggregate planning strategies is known to lower employee morale?
A) yield management
B) counterseasonal product and service mixing
C) changing inventory levels
D) varying work force size by hiring or layoffs
E) back ordering during high demand periods
D
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Which of the following is least likely to represent a material weakness in internal control for Flynt Corporation?
A. Flynt Corporation's computer systems were not working properly for two days; consequently, employees needed to do all reconciliations manually. B. Flynt Corporation's CFO was arrested last year for embezzling money from the entity. C. Flynt's audit committee is deemed to be ineffective. D. For the current year, the auditor found a material misstatement in Flynt's sales recognition that was undetected by the internal controls.
Organizations catering to the ________ market need to price their offerings carefully because these markets usually have limited purchasing power
A) business B) global C) nonprofit D) consumer E) exclusive
Which of the following accounts has a normal credit balance?
A) Sales Returns and Allowances B) Sales C) Merchandise Inventory D) Delivery Expense
Dollar Bill Supermarket is one of the best in the city. However, shoppers prefer other supermarkets to it as there is always a long queue at the billing counter. The outdated billing registers make the entire process inefficient. Which of the following steps should the supermarket management take to improve the billing process?
A. limit the number of products customers can buy B. change the process requirements C. change the process structure D. limit the number of customers in the supermarket E. change process resources