Although changes in the general environment may often adversely or favorably impact a firm, they seldom alter an entire industry.
Answer the following statement true (T) or false (F)
False
The general environment is composed of factors that can have dramatic effects on firm strategy.
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The Roger Company leased a machine at the beginning of 2016. The machine was properly capitalized by Roger at $73,735. A lease payment of $16,563 is due at the end of each year. The expected life of the machine is seven years, and the term of the lease is five years. At the beginning of 2021, the machine will be returned to the lessor. Both Roger and the lessor use the straight-line method of
depreciation. What amount of depreciation expense should Roger record in 2016 for the machine (round calculations up to the nearest dollar)? A) $14,600 B) $14,747 C) $16,563 D) $17,000
When attempting to halt a disruption during a meeting, the facilitator should not ______.
A. paraphrase other’s statements B. use the Delphi technique C. allow multitasking such as checking e-mail D. ask open, unbiased questions
Scooby Company has applied $567,988 of overhead into production on Jobs in the Work in Process account. Actual overhead at the end of the year is $575,000. What is the adjustment for over or underapplied overhead?
A) $7012 Overapplied, increase Cost of Goods Sold B) $7012 Underapplied, increase Cost of Goods Sold C) $7012 Overapplied, decrease Cost of Goods Sold D) $7012 Underapplied, decrease Cost of Goods Sold
Supply chain coordination improves if all stages of the chain take actions that are aligned and together increase total supply chain surplus
Indicate whether the statement is true or false.