Macksym is the shift manager at a local manufacturing plant. From 10:00 a.m. to 11:00 a.m. this morning, he was outside the plant, waiting on a shipment of a part needed for the next shift because he couldn’t spare any employees from the production line to do so. This would best be described as an example of a ______.
a. planning function
b. leading function
c. controlling function
d. nonmanagement function
d. nonmanagement function
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An employee's earnings for a payroll period can be based on
a. the time worked; b. units of output; c. sales; d. any of these; e. only A or C
In calculating cash flows from operating activities using the indirect method, a loss on the sale of equipment is
A) added to net income. B) deducted from net income. C) ignored because it does not affect cash. D) not reported on a statement of cash flows.
A debtor need not sign the financing statement
a. True b. False Indicate whether the statement is true or false
When pursuing a Blue Ocean strategy, a firm in a crowded marketplace attempts to out-compete rivals on both cost and product features with the goal of gaining market share at the expense of other competitors in the same industry.
Answer the following statement true (T) or false (F)