Highly creative organizations where people are encouraged to think differently, but to also come together to swap ideas, are described as which culture?
A. networked
B. communal
C. mercenary
D. ethical
A. networked
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The cash balance on June 30 is projected to be $4000. The company has to maintain a minimum cash balance of $5,000 and is authorized to borrow at the end of each month to make up any shortfalls. It may borrow in increments of $5,000 and has to pay interest every month at an annual rate of 4%. All financing transactions are assumed to take place at the end of the month. The loan balance should be repaid in increments of $5,000 whenever there is surplus cash. Calculate the ending projected cash balance before financing for August.
Carol's Chocolate Company has prepared its third quarter budget and provided the following data:
A) $7167
B) $5,000
C) $46,700
D) $(7833)
Working capital measures
A) the excess of current assets over current liabilities-what is on hand to fund business operations. B) the ability to earn a satisfactory income. C) the amount of debt in the company. D) the profitability of the business.
In a job order costing system, the purchase of materials on account should be recorded as follows:
A) Materials InventoryWork in Process Inventory B) Materials InventoryAccounts Payable C) Work in Process InventoryAccounts Payable D) Accounts PayableMaterials Inventory
Which of the following is a survey question Jeff can ask the merchandising manager?
A) If I understand you, knowing only the song playing when the customer reaches the register doesn't take into account patterns of shopping, purchasing triggers, or waits in a checkout line? B) Do you have point-of-purchase software that allows you to track time and amount of purchase? C) How does your current music provider correlate songs and purchases? D) Does knowing the song playing at the moment the customer gets to the register give you the information you really need to create an effective mix? E) Would it help you to track songs as customers browse and shop?