The control principle stating that a supervisor should take action only when the variance is meaningful is most accurately referred to as the
A. exception principle.
B. reinforcement principle.
C. scalar principle.
D. Peter principle.
Answer: A
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In the two-period model, suppose a household's income in the first period is $40,000, income in the second period is $50,000, and the real interest rate is 25 percent. By how much would the household's maximum spending in the first period increase if income in the second period increased to 60,000?
A. $6,000 B. $8,000 C. $10,000 D. $12,000
A manager can increase income under absorption costing by
a. increasing variable costs. b. increasing production. c. increasing fixed costs. d. increasing leased assets.
A commonly used function of spreadsheets is the sorting of the contents of a spreadsheet
Indicate whether the statement is true or false.
In a transshipment problem, items may be transported from sources through transshipment points on to destinations
Indicate whether this statement is true or false.