Classify the following as either direct labor (DL), indirect labor (IL), or a period cost (P). a. factory maintenance worker b. company president c. assembly-line worker d. salesperson working on commission e. factory supervisor f. administrative assistant g. machine operator
a. IL
b. P
c. DL
d. P
e. IL
f. P
g. DL
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The process of choosing among different strategies and altering them to best fit the organization is called
A. strategy formulation. B. contingency planning. C. strategic control. D. strategy implementation. E. trend analysis.
If the current market rate of interest is 10%, then the present value (PV) of this stream of cash flows is closest to ________
A) $10,114 B) $20,227 C) $24,272 D) $32,363
Which of the following is not an example of a firm that sells or leases business database services to clients?
a. Dun & Bradstreet b. Bloomberg c. Census Bureau d. Dow Jones & Co.
Corporate boards hire ________ directors to provide different information and perspectives and to prevent big mistakes.
A. cooperating B. affiliative C. authoritative D. dual E. outside