After the completion of production, standard and actual costs are compared to determine the ____ of the production process
a. effectiveness
b. complexity
c. homogeneity
d. efficiency
D
Business
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Which department is responsible for approving changes in pay rates for employees?
a. payroll b. treasurer c. personnel d. cash disbursements
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A contract may violate public policy even if the agreement does not violate a statute
a. True b. False Indicate whether the statement is true or false
Business
Karl, a small business owner, practices cronyism when he gives a job to an unqualified friend who
A) helps shovel his driveway. B) has strong potential to learn the job in question quickly. C) has worked for a competitor. D) is in desperate need of a job.
Business
Detailed planning and control is riskier than strategic planning
Indicate whether the statement is true or false.
Business