Which of the following is true of performance evaluation reports?
A) Performance evaluation reports help service organizations determine inventory balances.
B) Both external and internal users use performance evaluation reports.
C) They are prepared before establishing the selling price of a product.
D) Their modification will increase product sales.
B
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When hiring people, the best thing a manager can do is to find someone like himself or herself and make sure the person "fits" into his or her stereotype of a good worker.
Answer the following statement true (T) or false (F)
In a noncompete agreement, the term "ancillary" means that A) both parties must have a stake in the outcome
B) the agreement is harmless to the general public. C) the noncompetition agreement must be part of a larger agreement. D) the noncompetition agreement is unfair to the employee, but not the employer.
Neighbors Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During April, the kennel budgeted for 3,000 tenant-days, but its actual level of activity was 2,960 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for April:Data used in budgeting: Fixed element per monthVariable element per tenant-dayRevenue - $27.30 Wages and salaries$2,900 $5.70Food and supplies 400 8.30Facility expenses 9,500 3.80Administrative expenses 6,700 0.40Total expenses$19,700 $18.20?Actual results for April:? ?Revenue$82,088 Wages and salaries$20,112?Food and supplies$24,418?Facility expenses$21,538?Administrative
expenses$8,094???The activity variance for administrative expenses in April would be closest to: A. $194 U B. $16 F C. $16 U D. $194 F
Cochrane Associate's net sales last year were $525 million. If sales grow at 7.5% per year, how large (in millions) will they be 8 years later?
A. $845.03 B. $889.51 C. $936.33 D. $983.14 E. $1,032.30