Which of the following are finance functions that fall under the supervision of the treasurer?
A. Capital spending
B. Interest rate hedging
C. Managing cash
D. Managing taxes
Answer: A, B & C.
A. Capital spending
B. Interest rate hedging
C. Managing cash
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Transferring technology and know-how ________.
A) promotes local innovation and enterprise B) depresses derived demand for business commodities C) encourages the development of market monopolies D) lowers the competitive advantages of firms
The following data is given for the Happy Company: Budgeted production 1,000 units Actual production 980 units Materials: Standard price per lb $2.00 Standard pounds per completed unit 12 Actual pounds purchased and used in production 11,800 Actual price paid for materials $23,000 Labor: Standard hourly labor rate $14 per hour Standard hours allowed per completed unit 4.5 Actual labor hours
worked 4,560 Actual total labor costs $62,928 Overhead: Actual and budgeted fixed overhead $27,000 Standard variable overhead rate $3.50 per standard labor hour Actual variable overhead costs $15,500 Overhead is applied on standard labor hours. The direct labor time variance is: A) 912F B) 912U C) 2,100U D) 2,100F
Explain the meaning of the term, internal control, and distinguish between accounting controls and administrative controls.
What will be an ideal response?
Which of the following is an accurate statement about learning effects?
A. Learning effects are captured at one point in time. B. Learning effects are significant in all production processes. C. Learning effects occur over time as output accumulates. D. Learning effects can produce diseconomies.