______________________________ is the time it takes from when authorization is made for goods to be produced to when the goods are completed
Fill in the blank(s) with correct word
Throughput time
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The invention of a machine to make plastic corks for wine bottles has severely affected companies that produce traditional cork. This is an example of a(n) ______ force for change.
A. market B. social and political C. demographic D. technological E. economic
Which of the following forms of marketing involves talking with buyers before, during, and after the sale?
A. Personal selling B. Public relations C. Direct marketing D. Sales promotion E. Electronic marketing
The efficiency variance measures ________
A) the difference between the quantity used by the company and the quantity used by its competitors B) the change in quantities used over time C) how well the business uses its materials or human resources D) how quickly direct materials are processed into finished goods
Which of the following is true of accrual basis accounting?
A) Expenses are recognized either when they are incurred or cash is paid. B) Revenue is recognized when a customer pays cash. C) Expenses are recognized when they are incurred. D) Revenue is recognized when a customer pays cash or shows interest to purchase the product or service.