Many U.S. laws affect activities of international firms, and
A. as long as the action is outside of the territorial U.S., these laws won't apply.
B. there is no coordination or consolidation of them.
C. their impacts have been coordinated.
D. in the case of conflict in laws, the international business is allowed to choose which path to follow.
Answer: B
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Terry manages a food distribution company that is highly focused on creating a strong cohesive culture, but the company does not tie organizational values directly to goals and desired business results. Terry’s company most likely falls into which of the following quadrants of organizational performance and culture?
A. Quadrant A B. Quadrant B C. Quadrant C D. Quadrant D E. Quadrant E
The Takings Clause must have a taking:
A. for a public purpose and the private property owner is entitled to just compensation. B. that prohibits private property owners from securing just compensation. C. for a compelling private purpose. D. that is justified by the supremacy clause while compensation is rarely required.
Ted Catering received $1040 cash in advance from a customer for catering services to be provided in three months. Determine the general journal entry that Ted Catering will make to record the cash receipt. Assume the company's policy is to initially record prepaid and unearned items in balance sheet accounts.
A.
| Accounts Receivable | 1040? | |
| Catering Revenue | 1040? |
B.
| Cash | 1040? | |
| Unearned Catering Revenue | 1040? |
C.
| Cash | 1040? | |
| Catering Revenue | 1040? |
D.
| Unearned Catering Revenue | 1040? | |
| Catering Revenue | 1040? |
E.
| Cash | 1040? | |
| Accounts Receivable | 1040? |
Item A has a lead time of 2 weeks and requires two units of Item B and three units of Item C. Item B has a lead time of 4 weeks and Item C has a lead time of 1 week. What should the planning horizon of the MRP be?
A. 2 weeks B. at least 6 weeks C. always less than 6 weeks D. 3 weeks