Which of the following is not an investing activity?
A. Purchase of investments for cash.
B. Purchase of equipment for cash.
C. Sale of merchandise for cash.
D. Sale of land for cash.
Answer: C
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Assume that a factory seeks to allocate rent to several departments that occupy the factory. The factory is occupied by all the departments. Which of the following is the most logical cost driver for allocating the factory rent?
A. Machine hours B. Number of employees C. Number of labor hours in each department D. Square footage occupied by each department
In organizations, ________ often means the ability to get things done or accomplish one's goals despite resistance from others.
A. democracy B. contingency C. cohesion D. laissez-faire E. power
In the notation used to identify the single-channel, constant service rate queuing model M/D/1, the letter D refers to ______.
a. Poisson distribution of arrival rates b. Poisson distribution of service rates c. single channel or server d. constant service rate
A decrease in operating expenses would have which of the following effects on a company's profit margin?
A. Net profit margin would remain unchanged. B. Net profit margin would increase. C. Net profit margin would decrease. D. There is not enough information given to determine the effect.