Which of the following is NOT a project management phase?
A) Closing down the project
B) Planning the project
C) Executing the project
D) Initiating a project
E) Implementing the project
E
Explanation: E) The project manager is not responsible for implementing the project.
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Stocks that carry certain specified preferences, or first claims, are called treasury stock
Indicate whether the statement is true or false
Identify the statement that does NOT represent one of the four types of corruption
a. Offering, giving, receiving, or soliciting anything of value in order to influence an official act. b. Overbilling the company for travel and other related business expenses, such as business lunches, hotel bills, and air travel. c. The employee demands a payment from a vendor in order to make a decision in that vendor's favor. d. The exertion of an employee's influence to the detriment of his or her company.
Off-price retailers pay regular wholesale prices for their merchandise but maintain low prices by accepting lower margins and selling higher volume
Indicate whether the statement is true or false
Bachrodt Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the company's three activity cost pools--Processing, Supervising, and Other. The costs in those activity cost pools appear below: Processing$21,600Supervising$3,700Other$10,700Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below MHs (Processing)Batches (Supervising)Product Y73,700400Product V06,300600Total10,0001,000Finally, sales and direct cost data are combined with Processing and Supervising costs to determine product margins. Product Y7Product V0?Sales
(total)$102,200$78,900?Direct materials (total)$40,800$39,100?Direct labor (total)$47,200$22,300?What is the product margin for Product Y7 under activity-based costing? A. $6,208 B. $14,200 C. $4,728 D. -$3,800