Handwritten thank-you notes appear more personalized and sincere than typed thank-you notes
Indicate whether the statement is true or false
True
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A service blueprint refers to a ______.
A. tool for analyzing processes that have high service content by specifying how the service will be provided B. technique that provides a dynamic view of a process using computers, multiple inputs, work centers, and processing techniques to help an operations manager look at the variability of a process under different conditions C. graphic used to analyze and design the flow of materials and information across multiple processes D. diagram that uses graphics to show all activities related to a process, including its inputs and outputs, decision points such as approvals and exceptions, and any cross-functional relationships
The placement of an employee in another job at a higher level in the organization with an increase in pay and status is known as
A. job enlargement. B. a transfer. C. a promotion. D. job rotation.
Lakatos Corporation manufactures one product. It does not maintain any beginning or ending Work in Process inventories. The company uses a standard cost system in which inventories are recorded at their standard costs. There is no variable manufacturing overhead. The standard cost card for the company's only product contains the following information concerning direct materials:InputsStandard Quantityor HoursStandard Price or RateStandard CostDirect materials3.7kilos$9.00per kilo$33.30During the year, the company completed the following transactions concerning direct materials:a.Purchased 151,800 kilos of raw material at a price of $9.70 per kilo.b.Used 140,870 kilos of the raw material to produce 38,100 units of work in process.The company calculated the following direct materials
variances for the year:Materials price variance$106,260UMaterials quantity variance$900FAssume that all transactions are recorded on the below worksheet, which is similar to the worksheet shown in your text except that it has been divided into two parts so that it fits on one page. The beginning balances in each of the accounts have been given. PP&E (net) stands for Property, Plant, and Equipment net of depreciation.?CashRaw MaterialsWork in ProcessFinished GoodsPP&E (net)=Materials Price VarianceMaterials Quantity Variance1/1$1,130,000$59,940$0$81,510$432,900=$0$0a.?????=??b.?????=???Labor Rate VarianceLabor Efficiency VarianceFOH Budget VarianceFOH Volume VarianceRetained Earnings1/1$0$0$0$0$1,704,350a.?????b.?????When the raw materials used in production are recorded in transaction (b) above, which of the following entries will be made? A. ($900) in the Materials Quantity Variance column B. $900 in the Materials Price Variance column C. $900 in the Materials Quantity Variance column D. ($900) in the Materials Price Variance column
____ predict future project status and progress based on past information and trends
a. Progress reports b. Status reports c. Forecasts d. Project updates