If the variable expense per unit decreases, and all other factors remain the same, the contribution margin ratio will increase.
Answer the following statement true (T) or false (F)
True
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Answer the following statements true (T) or false (F)
1. The need for affiliation within McClelland’s acquired needs theory is the desire to control and influence the behavior of others. 2. Of the six behaviors stated in the textbook that change perceived inequity, an attempt to change outcomes means that employees might try to get better outcomes for their efforts. 3. Procedural justice is the degree to which people perceive outcomes to be fairly allocated. 4. People may be more motivated to work hard when they perceive their treatment as being unfair, but demotivated if they consider their treatment to be fair. 5. Employees who set goals in participation with their managers will have higher levels of performance and be more motivated to achieve the objectives.
Which of the following is not true about budgeting?
a. It is a formal method of detailed financial planning. b. It is used to help a company reach long-term and short-term objectives. c. It aids in the efficient use of resources. d. All of the above are true.
In a job order costing system, the purchase of materials on account should be recorded as follows:
a. Materials Inventory XX Work in Process Inventory XX b. Materials Inventory XX Accounts Payable XX c. Work in Process Inventory XX Accounts Payable XX d. Accounts Payable XX Materials Inventory XX
Which of the following correctly ranks the types of crimes from most serious to least serious?
A) Felonies, violations, misdemeanors B) Felonies, misdemeanors, violations C) Misdemeanors, felonies, violations D) Violations, misdemeanors, felonies E) Violations, felonies, misdemeanors