A cost management system should provide the means to develop
a. the most accurate product or service costs.
b. a reasonably accurate product or service cost given cost-benefit considerations.
c. a product or service cost that does not include any non-value-added overhead.
d. a costing system that traces all costs directly to individual products or services.
B
You might also like to view...
Eppie gives a check to Fund Investments to buy 100 shares of stock in GR8 Tech Corporation for Eppie. The price of the shares is constantly fluctuating. Fund Investments asks Eppie to leave the amount of the check blank and allow it to fill in the price when making the purchase. Eppie agrees. Fund Investments buys the stock when the price is $4,000, but fills in the check for $5,000. The check is negotiated as payment for a $5,000 debt to Hasty Accounting Services, which takes the check in good faith and without notice of Fund Investments's act. Hasty later learns that Fund Investments was not authorized to fill in the check for $1,000 over the price. Is Hasty an HDC? If so, for how much?
What will be an ideal response?
A firm has a single issue of a zero coupon debt that promises to pay $90 in 4 years, and the A0 = $100, r = 4%, ? = 25%, and ? = 0. If the asset has a 2% chance of total default, what is the yield on the bond?
A) 8.32% B) 12.33% C) 24.36% D) 36.85%
After obtaining top management's leadership and commitment, the next step in effective diversity management involves
A) awareness building. B) strategic maneuvering. C) skill building. D) needs assessment. E) organizational assessment.
As it pertains to bad faith bargaining, direct dealing occurs when:
A. A union discusses issues that have been presented at the bargaining table with the employees, without the employer's permission. B. An employer goes around the union to discuss issues directly with the employees in a way that undermines the union's ability to bargain. C. The union and employer negotiate directly with each other over wages, hours, and other conditions of employment. D. An arbitrator delivers a final and binding arbitration decision.