The major federal consumer protection agencies are authorized by law to:
A. Substitute government-mandated standards for decision making by private buyers and sellers.
B. Intervene directly into the very center of free market activities, if that is considered necessary to protect consumers.
C. Substitute private manufacturing standards for government-mandated standards.
D. Both of these answers are correct: Intervene directly into the very center of free market activities, if that is considered necessary to protect consumers; and substitute government-mandated standards for decision making by private buyers and sellers.
Answer: D
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Cristy Lake Inc sold goods worth $144,000 in 2014. It sells each unit for $5.50 and has a 30 percent contribution margin. The company's fixed costs amount to $33,000. Calculate Cristy's breakeven point in units
A) 43,200 units B) 9,900 units C) 26,182 units D) 20,000 units
Answer the following statements true (T) or false (F)
1. The accounting rate of return method focuses on operating income instead of net cash inflow generated by an asset. 2. The accounting rate of return also is known as the average rate of return or annual rate of return. 3. The Accounting Rate of Return method evaluates the lifetime return of an investment, whereas Return on Investment evaluates the annual return of an investment. 4. If the expected accounting rate of return meets or exceeds the required rate of return, the decision rule is to not make the investment. 5. The accounting rate of return is calculated by dividing the average annual operating income by the average amount invested.
TynsCorp contracted with compensation specialists to make recommendations on how to improve its benefits packages. It is likely that those specialists will suggest flexible benefits plans, as those tend to be seen as ideal.
Answer the following statement true (T) or false (F)
What are the temporal skills discussed in the text and what impact would they have on a project manager's success?
What will be an ideal response?