It is important that a purchasing performance evaluation system should measure every possible activity to be effective

Indicate whether the statement is true or false


false

Business

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Residual income would be a measure of performance under which perspective of the balanced scorecard?

A) Internal business B) Customer C) Financial D) Learning and growth

Business

If an assembly line has a target takt time of 10 minutes per unit (due to capacity constraints), how many units per day can be produced? Assume that a production day is 480 minutes.

a. 10 units b. 48 units c. 400 units d. Cannot be determined from the information given

Business

_______________________ unionism focuses on representing all workers within a given industry.

Fill in the blank(s) with the appropriate word(s).

Business

When a company owes employee salaries at the end of the period but fails to make an adjusting entry for that amount owed, which of the following is true?

A. Total stockholders' equity in the balance sheet is overstated. B. Retained earnings in the statement of stockholders' equity is overstated. C. Net income in the income statement is overstated. D. All of the other answers are correct.

Business