Consider the following statements about the step-down method of service department cost allocation:Under the step-down method, all service department costs are eventually allocated to production departments.
The order in which service department costs are allocated is important.
After a service department's costs have been allocated to other departments, no costs are re-circulated back to that service department.
Which of the above statements is (are) correct?
A. I and II.
B. II only.
C. I and III.
D. I, II, and III.
E. I only.
Answer: D
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Dennis, a senior manager at VST Corporation, is considering the acquisition of a revolutionary water treatment technology from a small development firm. The asking price is $5 million. However, the environmental uncertainty of the water treatment marketplace is both complex and dynamic. Dennis wants to acquire the new technology but seeks to manage the risk associated with his decision, or "hedge his bets." Key elements of his risk management strategy might be to
A. decide upon a clan (collaborate), adhocracy (create), hierarchy (control), or market (compete) culture from which to market the technology. B. diversify, merge, divest, prospect, or defend the technology. C. gain competitive intelligence through environmental scanning, develop business scenarios, forecast sales, and benchmark the technology. D. buffer, smooth, and empower in order to manage the technology supply chain. E. establish visible artifacts; develop symbols, rites, and ceremonies; and develop stories about the technology.
The balanced scorecard provides top managers with a ________ view of the business.
A. long-term financial B. simple and routine C. detailed and complex D. fast but comprehensive
The area around the outer walls of a supermarket that stock fresh-merchandise categories such as dairy, bakery, meat, produce, etc. is referred to as the
A. closeouts. B. power perimeter. C. irregulars. D. supercenters. E. convenience rack.
The? ________ is a social media conversation that takes place during a? presentation, in parallel with the actual presentation.
Fill in the blank(s) with the appropriate word(s).