A company loses sales volume because a competitor introduces a better product. This is an example of
A)
random risk.
B)
market risk.
C)
systematic risk.
D)
beta risk.
A
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Which of the following would be considered the MOST effective project reward?
A. Public recognition B. Lump-sum cash award C. Desirable job assignments D. All-expenses-paid trip for team members and their families E. Using negative reinforcement to motivate adequate performance
Corporate codes of ethical conduct:
A. accurately reflect the values of society. B. are sometimes viewed as thinly disguised attempts to mislead the public into thinking that the company behaves ethically. C. tend to expressly publish policies that deal directly with corruption to avert legal measures that might impose severe constraints. D. effectively deter unethical behavior.
Which of the following does NOT refer to an advantage of syndicated data?
A) Many client firms may subscribe to the information. B) The cost of the service is greatly reduced to any one subscriber firm. C) The quality of data is typically very high. D) The data are normally disseminated very quickly. E) The key advantage is taking advantage of the experience of the research firm offering the service.
Barnett Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below.ActivityCostCost DriverMaterial handling$225,000 Number of partsMaterial insertion 2,475,000 Number of partsAutomated machinery 840,000 Machine hoursFinishing 170,000 Direct labor hoursPackaging 170,000 Orders shippedTotal$3,880,000 The following information pertains to the three product lines for next year: Economy Standard DeluxeUnits to be produced 10,000 5,000 2,000 Orders to be shipped 1,000 500 200 Number of parts per unit 10 15 25 Machine hours per
unit 1 3 5 Labor hours per unit 2 2 2 What is Barnett's pool rate for the material-handling activity? A. $2.25 per part. B. $6.62 per labor hour. C. $13.23 per part. D. $1.00 per part. E. None of the answers is correct.