Lax board oversight for WorldCom included all of the following EXCEPT ___________.
a. the audit committee “rarely scratched below the surface” of financial reports.
b. committees engaged in each other’s roles.
c. compensation matters were usually 'decided by the CEO rather than the compensation committee.
d. committees did not engage in their intended roles.
Cognitive Domain: Analysis
b. committees engaged in each other’s roles.
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When the contract rate of a bond is greater than the market rate on the date of issuance, the bond sells at a discount.
Answer the following statement true (T) or false (F)
During which stage of small group development do group members see an increase in trust and commitment?
a. forming b. storming c. norming d. performing
The Japanese term Seiri is associated with which of the (English) Five-S’s?
a. Sort b. Set in order c. Sweep d. Standardize
A company has just received a special, one-time order for 1,000 units. Producing the order will have no effect on the production and sales of other units. The buyer's name will be stamped on each unit, at a cost of $1.50 per unit. Normal cost data, excluding stamping, follows: Direct materials…………………………… $ 10 per unit Direct labor……………………………….. 16 per unitVariable overhead………………………… 4 per unitAllocated fixed overhead…………………. 12 per unitAllocated fixed selling expense…………… 8 per unit Prepare an analysis that indicates the selling price per unit this company will require to earn $3,000 on the order.
What will be an ideal response?