Which statement about production reports is LEAST accurate?

a. The time covered must be identified clearly.
b. They are a form of employee-to-manager feedback.
c. The reports flow only from subordinate to superior.
d. In some situations, they involve no more than completion of a form.


c

Business

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Managerial accounting activity comprises a set of tools, systems and perspectives that add value to an organization by supporting five major objectives. Which one of these is not a supporting objective?

A. Motivate managers and other employees toward the organization's goals. B. Assess an organization's competitive position and long-term managerial efforts . C. Focus on activities that occur at the top level of the organization. D. Provide information for decision making and planning. E. Assist managers in directing and controlling operational activities.

Business

Property insurance policies are frequently written for periods of at least five years

Indicate whether the statement is true or false

Business

Traders on the floor of the American Stock Exchange sell securities for what types of businesses and based on what value?

A) large, established U.S. companies; market value B) midsized growth companies; par value C) prominent high-tech firms; book value D) midsized growth companies; market value E) large, established U.S. companies; book value

Business

True or false, from a customer service perspective, one of the four important characteristics for global market and strategy is companies need to attempt to standardize to reduce complexity, but they have to recognize that global markets need some customization global markets and strategy

Indicate whether the statement is true or false

Business