In most cases, the production manager should be held accountable for fixed cost volume variances.
Answer the following statement true (T) or false (F)
False
The fixed cost volume variance is a measure of facility utilization. The company will suffer an unfavorable variance when it does not utilize its facilities to make and sell the number of units of product it had planned to make and sell. A favorable fixed cost volume variance suggests that a company utilized its facilities to make and sell more than the planned volume of activity. As a result, the production manager should not be held accountable for these variances.
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We received a ____ dessert with our meal
A) complimentary B) complementary
The difficulty of these questions as seen by students will depend on (1) what was discussed in class and (2) how long students have to answer the questions. If time is not an issue, then many of the questions could be classified as EASY, but under exam conditions with time pressure, many might be regarded as being CHALLENGING. So, consider the amount of time students have when selecting questions for an exam. Note that there is some overlap between the True/False and the multiple choice questions, as some T/F statements are used in the MC questions. One of the four most fundamental factors that affect the cost of money as discussed in the text is the current state of the weather. If the weather is dark and stormy, the cost of money will be higher than if it is bright and sunny,
other things held constant. Answer the following statement true (T) or false (F)
A positive relationship between vision statements and firm performance is more likely to exist when
A. vision statements are equivalent to listening to the customers. B. visions are product-oriented. C. organizational structures are aligned with the firm's vision statement. D. internal stakeholders are isolated from defining and revising the visions.
Obtaining money, goods, and services are the only reasons for identity theft
Indicate whether the statement is true or false.