Which of the following is not a requirement of a linear programming problem?
A) an objective function, expressed in linear terms
B) constraints, expressed as linear equations or inequalities
C) an objective function to be maximized or minimized
D) alternative courses of action
E) one constraint or resource limit for each decision variable
E
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Stafford Company uses standard costs for its manufacturing division. Standards specify 0.1 direct labor hours per unit of product. The allocation base for variable overhead costs is direct labor hours. At the beginning of the year, the static budget for variable overhead costs included the following data:
How much is the standard cost per direct labor hour for variable overhead? (Round your answer to the nearest cent.)
A) $22.13 per direct labor hour
B) $32.93 per direct labor hour
C) $26.73 per direct labor hour
D) $24.92 per direct labor hour
COSO is one of the first efforts to address corporate culture in a quasi-regulatory framework in recognition of its significant impact on the satisfaction of organizational objectives.
Answer the following statement true (T) or false (F)
Define dissolution under the UPA and discuss its three causes
The Revised Act authorizes the articles of incorporation to include a provision eliminating or limiting, with certain exceptions, the liability of a director to the corporation or its shareholders for any action he takes, or fails to take, as director. These limitations or exceptions, for which liability would not be affected, include:
a. the amount of any financial benefit the director receives to which he is not entitled, such as a bribe, kickback, or profits from a usurped corporate opportunity. b. an intentional infliction of harm on the corporation or the shareholders. c. liability under Section 8.33 for unlawful distributions. d. an intentional violation of the criminal law. e. All of these are correct.