Which of the following is not a characteristic of a project?
a. Projects are unique.
b. Projects are limited by resources.
c. Projects address customer needs.
d. Goals in projects evolve as the project progresses.
d. Goals in projects evolve as the project progresses.
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A company purchased machinery by issuing 2,000 shares of $3 par value common stock. Since the company is new, there is no established market price for its stock. How would the company record the transaction?
a. In terms of the par value of the stock issued. b. At the fair market value of the machine. c. At the cost recorded by the previous owner of the machine. d. Recording the transaction would be postponed until a market price for the stock could be determined.
When manufacturing overhead is charged to a job, the manufacturing overhead account is debited
Indicate whether the statement is true or false
In the service-profit chain, external service value leads to all of the following EXCEPT ________.
A. profitability B. customer satisfaction C. employee turnover D. revenue growth E. customer loyalty
When delivering negative organizational news, convey the bad news as late as possible
Indicate whether the statement is true or false