In evaluating the performance of a profit center manager, the manager

a. and the sub-unit should be evaluated on the basis of the same costs and revenues.
b. should only be evaluated on the basis of variable costs and revenues of the sub-unit.
c. should be evaluated on all costs and revenues that are controllable by the manager
d. should be evaluated on all costs and revenues that can be directly traced to the sub-unit.


C

Business

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Suppose the earnings per share of a stock is $2 and the current price/earnings (P/E) ratio is 10. What is the current price of the stock?

A. $5 B. $8 C. $20 D. $40 E. $35

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The strategy for trade union renewal which focuses on grassroots recruitment among workers traditionally under-represented by unions is referred to as:

a. servicing b. organising c. partnership d. back to basics

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___________ is characterized by exhaustion, sense of powerlessness, cynicism, and disengagement.

a. Job burnout b. Boredom c. Apathy d. Withdrawal

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Properly recording inventory when sold and removing the units sold from the inventory count will prevent a company from running out of inventory

Indicate whether the statement is true or false

Business