An early warning signal for the potential of an overdrawn budget is created when:
A) Activity-based costing cannot identify drivers.
B) A bottom-up budget never makes it up the chain of command.
C) Contingency funds are applied for.
D) A top-down process moves too quickly down to the functional managers.
C
You might also like to view...
Zhang Corp. owns 40% of Magnor Company's common stock. Magnor pays $97,000 in total cash dividends to its shareholders. Zhang's entry to record the cash dividend received from Magnor would include a:
A. Credit to Cash for $97,000. B. Debit to Dividends for $38,800. C. Debit to Dividends for $97,000. D. Debit to Equity Method Investments for $97,000. E. Credit to Equity Method Investments for $38,800.
_________ occurs when another person who, at any time after the owner's mark has become famous, commences use of a mark or trade name in commerce that is likely to cause dilution by blurring or dilution by tarnishment of the famous mark, regardless of the presence or absence of actual or likely confusion, of competition, or of actual economic injury
a. infringement b. dilution c. battery d. counterfeiting e. patent violation
In the Capitalization versus Expensing case the main ethical issue is whether Gloria Hernandez should:
A. Capitalize or expense $1 million of expenditures B. Report her superiors' actions to the CEO C. Talk to the audit committee about the pressure imposed by her supervisor D. Become a whistle blower
When interdependent units are required to meet deadlines and objectives that contribute to a common goal, coordination by ________ exists.
A) plan B) standardization C) formalization D) mutual adjustment E) job