In a JIT system, the quality of each product begins with
a. a company's vendors.
b. employees.
c. inspection of finished goods inventory.
d. a good product warranty.
A
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Distinguish between values, attitudes, and moods of a manager in an organization. What implications do these have for how managers contribute to organizational effectiveness?
What will be an ideal response?
If the indirect method is used, which of the following would be added to net income to arrive at net cash flows from operating activities?
a. Increase in Inventory b. Decrease in Prepaid Expenses c. Decrease in Accounts Payable d. Increase in Accounts Receivable
Wean Corporation's budgeted balance sheet for the coming year shows total assets of $5,000,000 and total liabilities of $2,000,000 . Common stock and retained earnings make up the entire stockholders' equity section of the balance sheet. Common stock remains at its beginning balance of $1,500,000 . The projected net income for the year is $366,000 . The company pays no cash dividends. What is the
balance of retained earnings at the beginning of the budget period? a. $1,034,000 b. $1,134,000 c. $1,866,000 d. $1,500,000
Acme Global recognizes that different employees have different compensation needs when on expatriate assignments. Some may need compensation to pay for their children’s education. Others may work in areas where they must pay high taxes. To avoid having to design an individualized pay package for every employee, Acme Global gives every expatriate employee a set amount for extra expenses. It appears Acme Global is using the ______ approach to expatriate compensation.
A. balance sheet B. split-pay C. lump-sum D. localization