Open-book management is most effective in decentralized organizations
Indicate whether the statement is true or false
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In cross docking, ______.
A. materials from incoming transportation carriers are unloaded and are directly loaded on outbound carriers B. more material handling is required C. government regulations are not applicable D. ISO standards need not be met
Which of the following statements is true regarding the audit of a corporate social responsibility (CSR) program?
A. Only qualitative measurements should be used in the audit. B. Only quantitative measurements should be used in the audit. C. Both qualitative and quantitative measurements should be used in the audit. D. Involving every stakeholder group in the audit will only provide conflicting results. E. The most effective audits involve only one significant stakeholder group.
Identify a factor that encourages the use of centralized decision making in subsidiary operations.
A. Moderate to low degree of technology B. Small geographic distance between home office and subsidiary C. Little experience in international business D. Little importance attached to brand name and patent rights
Gipple Corporation makes a product that uses a material with the quantity standard of 7.3 grams per unit of output and the price standard of $6.00 per gram. In January the company produced 3,400 units using 24,870 grams of the direct material. During the month the company purchased 27,400 grams of the direct material at $6.10 per gram. The direct materials purchases variance is computed when the materials are purchased.The materials price variance for January is:
A. $2,740 F B. $2,482 U C. $2,482 F D. $2,740 U