Allowing a supervisor to occasionally ignore a variance if it is in the best interests of the company is an example of a control that is
A. concurrent.
B. flexible.
C. economical.
D. even.
Answer: B
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From 1972 to 1974, the expected real interest rate on short-term bonds averaged about +2 percent, but the realized real interest rate averaged about ?2 percent. The main reason for the difference was that
A. actual inflation was about 4 percentage points lower than expected inflation. B. actual inflation was about 4 percentage points higher than expected inflation. C. a monopoly cornered the market on short-term bonds. D. nominal rate of interest was zero.
Answer the following statements true (T) or false (F)
1. The 1960s were characterized by very low productivity in the United States. 2. Most economists agree that recent productivity growth is the result of an improved work ethic, primarily due to more Millennials in the workforce. 3. Control is making something happen the way it was planned to happen. 4. The purpose of controlling is to make sure that performance meets objectives.
After a witness is sworn in, he or she is immediately cross-examined by the plaintiff's attorney.
Answer the following statement true (T) or false (F)
The American Marketing Association defines marketing as "the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large."
Answer the following statement true (T) or false (F)