A business will be in crisis continually, dealing with one process emergency after another,when it ________
A) plans to develop the business process
B) actively seeks to change business processes
C) waits and lets the need for change just happen to it
D) plans to update its business process
C
You might also like to view...
An invoice is a business document?either paper or electronic transmission?used to notify the customer of an obligation to pay the seller for merchandise which was ordered and shipped
Indicate whether the statement is true or false
Firms that wish to improve control over cash disbursements use a voucher system
Indicate whether the statement is true or false
Recognizing revenue before the seller collects cash requires estimating the amount of uncollectible accounts with reasonable accuracy. Both U.S. GAAP and IFRS require the
a. direct method for uncollectible accounts, only. b. direct charge off method for uncollectible accounts, only. c. allowance method for uncollectible accounts, only. d. allowance method and the direct charge off method for uncollectible accounts. e. indirect method for uncollectible accounts, only.
At the beginning of the year, Fluman Corporation estimates overhead will be $150,000. If the actual overhead for the year is $152,000 and the applied overhead for the year is $143,000, what is the journal entry needed to reconcile the overhead variance? Assume that the overhead variance is immaterial
A) Cost of Goods Sold 9,000Overhead Control 9,000 B) Overhead Control 9,000Cost of Goods Sold 9,000 C) Cost of Goods Sold 7,000Overhead Control 7,000 D) Overhead Control 7,000Cost of Goods Sold 7,000 E) none of these