Information with regard to actual and forecasted customer demand, market opportunities, and responsibilities should be ______.
A. restricted
B. sold
C. transparent
D. subject to government regulation
C. transparent
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Consider a chainsaw that fails 5 times in 100 hr of operation. The failure rate of the chainsaw is ______.
A. 0.050 B. 0.034 C. 0.022 D. 0.031
Which of the following is TRUE of how employees respond to ethical issues and moral dilemmas?
a. The higher an employee is in the hierarchy, the more morally compromised the employee is likely to be. b. Employees are more likely to report issues of high moral intensity. c. Employees who lack moral courage will report if the right reporting systems are in place. d. The higher an employee is in the hierarchy, the less likely the employee is to report misconduct.
Use the information in Table J.5. The operations sequence of jobs, using the critical ratio (CR) rule, is
A) 3-1-2 B) 3-2-1 C) 1-2-3 D) 2-3-1
Lucia Company reported cost of goods sold for Year 1 and Year 2 as follows: Year 1 Year 2 Beginning inventory$120,000 $130,000 Cost of goods purchased 250,000 275,000 Cost of goods available for sale 370,000 405,000 Ending inventory 130,000 135,000 Cost of goods sold$240,000 $270,000 Lucia Company made two errors: 1) ending inventory at the end of Year 1 was understated by $15,000 and 2) ending inventory at the end of Year 2 was overstated by $6,000. Given this information, the correct cost of goods sold figure for Year 2 would be:
A. $276,000 B. $264,000 C. $291,000 D. $285,000 E. $249,000