In a ____________ culture, companies emphasize both culture and solid business performance as drivers of organizational success.
Fill in the blank(s) with the appropriate word(s).
high-performance
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Selling the bonds at a premium has the effect of
a. raising the effective interest rate above the stated interest rate b. attracting investors that are willing to pay a lower rate of interest than on similar bonds c. causing the interest expense to be higher than the bond interest paid d. causing the interest expense to be lower than the bond interest paid
A business pays cash for dividends. Which of the following accounts is credited?
A) Common Stock B) Dividends C) Cash D) Accounts Payable
____ is one of the most effective rewards a team leader can provide.
A. Advice B. Praise C. Time D. Friendship
Barnett Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below.ActivityCostCost DriverMaterial handling$225,000 Number of partsMaterial insertion 2,475,000 Number of partsAutomated machinery 840,000 Machine hoursFinishing 170,000 Direct labor hoursPackaging 170,000 Orders shippedTotal$3,880,000 The following information pertains to the three product lines for next year: Economy Standard DeluxeUnits to be produced 10,000 5,000 2,000 Orders to be shipped 1,000 500 200 Number of parts per unit 10 15 25 Machine hours per
unit 1 3 5 Labor hours per unit 2 2 2 Under Barnett's activity-based costing system, what is the per-unit overhead cost of Standard? A. $228. B. $164. C. $282. D. $272. E. None of the answers is correct.