Answer the following statements true (T) or false (F)
1. PERT stands for Program Event Review Technique.
2. There are five steps in the PERT/CPM process, the last of which is finding the critical path of the project.
3. Managers typically find the simplest and quickest solution to problems which is usually based on the assumption that a subordinate lacks the training, supervision, or information needed.
4. The example of the Hot Dog Stand blueprint is incomplete because it does not factor in what happens prior to the guests ordering the hot dog.
1. False
2. True
3. True
4. True
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Answer the following statements true (T) or false (F)
1. Paul, who is normally an ethical person, has an opportunity to acquire what he feels is "easy" money in his job, and he believes it is safe to steal the money because nobody would know if he does take it. Paul rationalizes that it is fine to steal the money because he needs it more than the person whom the money belongs to. The psychological mechanism that causes Paul to want to steal the money is poor self-esteem. 2. Habitual cheating tends to begin with small infractions, such as illegally downloading books and songs, and then grows by increments into an ongoing deliberate strategy of deception or fraud. 3. Prior to a 2010 natural-gas pipeline explosion in San Bruno, California, Pacific Gas & Electric chose to use its surplus revenues to improve safety, an example of ethical decision making. 4. The employees of a production facility that produce parts for boats are meeting to discuss ways to control rising costs, which are affecting their bonus (incentive pay). The employees are internal stakeholders of the factory. 5. The task environment of Top-Notch Sewing consists of just two groups, customers and stockholders, who give the employees and management of Top-Notch the daily tasks that the company's employees will handle.
Disability insurance would probably cost the most for which of the following people?
A) A certified public accountant (CPA) B) An office worker C) A construction worker D) A telemarketer
A firm is most likely to outsource services when
A. the cost of production is cheaper when done onshore. B. the labor costs are high in the country where the outsourcing partner is. C. the goods produced onshore are of better quality than those produced offshore. D. the effectiveness of services produced internally is less than that produced offshore. E. the human capital is low in the country where the outsourcing partner is.
Jane contributes land with an FMV of $100,000 and a basis of $40,000 to the Green Partnership in exchange for a 25% partnership interest. The partnership assumes the $80,000 mortgage on the land. Mary has a 25% share of partnership liabilities. The Green Partnership has $8,000 in liabilities immediately before Jane's contribution. What is Jane's basis in her partnership interest?
What will be an ideal response?