Which of the following is not a purpose of a postaudit?

a. Compare actual costs with estimated costs.
b. Compare actual cash flows with estimated cash flows.
c. Propose corrective action, if needed.
d. Punish managers for their bad estimates.
e. Learn to conduct better future estimates.


d

Business

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A bank's excess reserves equal its

A. vault cash plus deposits at the Federal Reserve. B. total reserves minus required reserves. C. reserve requirement times transactions deposits. D. vault cash plus required reserves.

Business

Kim is having a difficult time working with her new team on a class project. Kim wants to work together as a team which most of the other students want to work on their own parts of the project and put their name on those parts so they get credit for doing their own work. Kim would prefer that the project be submitted by the full team and that all the team members earn the same grade for the completed project. Kim most likely comes from which type of culture?

A. individualistic B. collectivistic C. socialist D. matriarchal

Business

Modern firms use the ________ concept testing tool to design products on a computer and then produce rough models to show potential consumers for their reactions

A) morphological analysis B) rapid prototyping C) concept testing D) perceptual mapping E) conjoint analysis

Business

What is the maximum amount a manager would be willing to pay for one additional hour of machining time?

What will be an ideal response?

Business