The sum of all task times in producing a product is 15 min. Eighty units need to be produced in 4 hr. What is the number of workstations required?
A. five
B. six
C. seven
D. eight
A. five
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Robin Hood's statement of cash flows contained the following:• Cash flows from operating activities in the amount of $29,100 • Cash flows from investing activities in the amount of $30,100 • Cash flows from (used by) financing activities in the amount of ($44,900) What was Robin Hood's change in cash for the period?
A. $14,300 increase B. $14,800 increase C. $14,800 decrease D. $14,300 decrease
Which of the following statements regarding the gross and net methods for recording trade accounts payable is true?
A) The net method overstates accounts payable at the end of the accounting period. B) The net method is more widely used in practice than is the gross method. C) The gross method more accurately measures liquidity. D) The net method highlights management inefficiency because purchase discounts lost are recorded whenever an invoice is paid after the cash discount period has expired.
The selling, general, and administrative expense budget is based on the ____ budget
a. production b. sales c. cash d. purchases
The first step in a needs assessment is
A. task analysis. B. organization analysis. C. person analysis. D. market analysis.