Which of the following terms refers to the assurance of a host government that foreign investors will be treated the same way as local investors?
A. nondiscrimination guarantee
B. repatriation guarantee
C. stabilization clause
D. appraisal right
A
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Summerlin Company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,000 units. The company actually used 4,500 pounds that cost $5.10 per pound to produce 2,000 units. What is the direct materials quantity variance?
A. $2,550 unfavorable. B. $450 unfavorable. C. $2,950 unfavorable. D. $2,500 unfavorable. E. $400 unfavorable.
"All right, we have budget inputs from all six divisions. I have consolidated all of these inputs into a draft spreadsheet, and I have added other corporate budgets into the spreadsheet" said Jeannine Starks, CFO of LemonTree Products, to her fellow executives. "We need to review this ‘budget of budgets' and get back to the division manager with our comments. After they incorporate our comments and submit their revised budget inputs, I will consolidate the division budgets and all other budgets into a ________ budget."
A. capital B. maintenance C. cost D. sales E. master
In-house advertising agencies typically attract the best creative people, who prefer the stability of such settings and the lack of internal politics and managerial criticism.
Answer the following statement true (T) or false (F)
Which of the following statements is true of ethics?
A. All ethical standards are codified in the law. B. Ethics and social responsibility are independent of each other. C. Establishing broad agreement on ethical standards is easier when society is diverse. D. Actions that are completely legal can still be unethical.