Repetitive operations in manufacturing use
A. general-purpose machines.
B. job-order schedules.
C. highly specialized equipment.
D. short production runs.
Answer: C
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The rate of return on total assets measures a company's ________.
A) ability to meet its short-term obligations B) ability to repay its long-term debt C) success in using assets to earn income D) success in earning high returns on investments in stocks and bonds of other companies
The SEC and Bank of America reached a settlement over charges the SEC brought related to Bank of America's acquisition of Merrill Lynch:
a. That resulted in no fine to Bank of America. b. That resulted in a $150 million fine paid by Bank of America. c. That resulted in the dissolution of Bank of America. d. That required Bank of America to cancel its acquisition of Merrill Lynch.
Hache Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 17,000 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $7,480. An additional 89,000 units were started into production during the month and 92,000 units were completed in the Welding Department and transferred to the next processing department. There were 14,000 units in the ending work in process inventory of the Welding Department that were 90% complete with respect to conversion costs. A total of $202,400 in conversion costs were incurred in the department during the month. The cost per equivalent unit
for conversion costs for the month is closest to: A. $2.007 B. $1.965 C. $2.200 D. $2.274
Lorraine Monroe, director of the School of Leadership Academy, considers which of the following to be key to leadership?
a. setting goals b. articulating a vision c. taking care of followers d. addressing the needs of stakeholders