Which of the following involves the coordination of daily business functions within an organization?
A. Motivating.
B. Directing operational activities.
C. Controlling.
D. Decision making.
E. Planning.
Answer: B
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What typically happens when a supervisor resists upper-management efforts to disseminate ethical behaviors down through the organization?
a. Lower-level employees are less likely to behave ethically. b. The manager will be replaced. c. Organizational culture will change, circumventing the manager’s influence. d. The manager will likely resign.
Carter Appliance Center sells washing machines that carry a three-year warranty against manufacturer's defects. Based on company experience, warranty costs are estimated at $60 per machine. During the year, Carter sold 48,000 washing machines and paid warranty costs of $340,000 . In its income statement for the year ended December 31 . Carter should report warranty expense of
a. $680,000. b. $960,000. c. $2,200,000. d. $2,880,000.
The segment margin of a profit or investment center includes allocated common costs
Indicate whether the statement is true or false
Match the following.1.Direct labor, direct materials, and manufacturing overhead. a. Gross margin 2.Costs that are expensed in the period they are incurred. b.Controllable costs3.Sales less variable expenses. c. Manufacturing margin 4.Cost a manager can determine or greatly affect the amount.d. Absorption costing 5.A costing method that includes only variable manufacturing costs. e. Period costs 6.An income statement format that focuses on cost behavior. f. Contribution margin 7.Sales less cost of goods sold. g. Variable costing 8.A costing method that includes all manufacturing costs. h. Product costs 9.Fixed costs divided by contribution margin per unit. i. Contribution format 10.Sales less variable production costs. j. Break-even in units
What will be an ideal response?