________ is the expectation that employees will perform a job, take corrective action when necessary, and report upward on the status and quality of their performance.

A. Job specialization
B. Unity-of-command
C. Mutual adjustment
D. Span of control
E. Accountability


Answer: E

Business

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The difference between the actual allocation base (actual quantity) and the amount of the allocation base that should have been used (standard quantity) times the standard cost is called the ________.

A) variable overhead cost variance B) variable overhead efficiency variance C) fixed overhead cost variance D) fixed overhead volume variance

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Which of the following is not typically considered characteristic of the "labor problem" in the early 1900s?

A. Long work hours of 72 hours per week and more. B. Unsafe and unsanitary working conditions. C. Job insecurity and the constant fear of unemployment. D. The high cost of health care and health insurance.

Business

The McCumber Cube for Data Privacy has three dimensions. Which of the following is NOT a dimension that is used to organize a privacy policy?

a. desired information goals b. countermeasures c. state of information d. use of information

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The coefficient of variation, calculated as the standard deviation of expected returns divided by the expected return, is a standardized measure of the risk per unit of expected return.

Answer the following statement true (T) or false (F)

Business