Which approach to capacity management would use a part-time workforce to increase capacity flexibility by enabling the firm to have more people at work during peak periods?
A) Time flexibility from workforce
B) Use of seasonal workforce
C) Use of subcontracting
D) Use of dual facilities—dedicated and flexible
Answer: A
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Accruals, such as estimates of bad debt and income tax expenses, are not usually as precise on interim financial reports as they are on year-end financial reports
a. True b. False Indicate whether the statement is true or false
Which of the following would be least appropriate to include on a résumé?
A) Dates of employment B) Duties and accomplishments from previous jobs C) Educational accomplishments D) Academic awards and scholarships E) Date of high school graduation
The manager of Big Brand Clothing wants to determine what items consumers are looking for this Christmas so that he can plan his orders. He decides to collect data for the purpose by stationing employees outside the store on a particular Saturday with a list of questions to ask willing shoppers to answer as they pass by. In this case, the manager is using a ________ sampling method to select respondents.
A. systematic B. random C. probability D. stratified E. nonprobability
Willis and Leslie orally agree to the sale of a parcel of land for $50,000: one-half payable now as a down payment; one-half payable in 30 days at the time of closing when the title will be transferred. The buyer, Willis, is to have possession immediately. Willis pays Leslie $25,000, takes possession of the land, and starts building a house. At the time of closing, Willis has made a substantial
beginning on the house. However, Leslie refuses to transfer the title, claiming the oral contract is not enforceable. This contract is a. enforceable, because the statute of frauds does not apply to this interest in land. b. unenforceable, because there is no writing signed by Leslie. c. enforceable, because Willis has partially performed the oral contract and made improvements on the land. d. unenforceable, because the parol evidence rule applies.