In the final case study, which company was given the mandate to bring UK service standards up to scratch for the London Olympics?
a. LOCOG
b. People 1st Training Company
c. Blue Badge
d. McDonalds
b. People 1st Training Company
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Answer the following statements true (T) or false (F)
1. The fixed overhead volume variance is a cost variance that explains why fixed overhead is overallocated or underallocated. 2. The fixed overhead volume variance is a volume variance, not a cost variance. 3. The fixed overhead volume variance reveals underallocated fixed overhead costs. 4. Because it is a cost variance, the fixed overhead volume variance explains why fixed overhead is underallocated or overallocated. 5. Because it is a volume variance, the fixed overhead volume variance explains why fixed overhead is underallocated or overallocated.
Machine translators, such as Google Translate, should not be relied upon because ______.
A. they do not account for cultural factors B. they may not include slang or metaphors C. they always factor in irony D. both they do not account for cultural factors and they may not include slang or metaphors are correct
A business has the following transactions:
" ¢ The business received $20,000 cash and issued common stock to stockholders. " ¢ The business purchases $500 of office supplies on account. " ¢ The business purchases $4,000 of furniture on account • The business renders services to various clients totaling $11,000 on account. • The business pays out $3,000 for salaries expense and $5,000 for rent expense. • The business pays $600 to supplier for the office supplies purchased earlier. • The business collects $1,000 from one of its clients for services rendered earlier in the month. At the end of the month, all journal entries are posted to the ledger. Accounts Payable will appear as which of the following? A) B) C) D)
Marketers of computer software, music CDs, and books are particularly affected by cultural differences in
A. socioeconomic status of citizens. B. advances in technology. C. differences in cross-cultural exchange behavior. D. ethical codes of conduct for businesses. E. standards regarding intellectual property.