Which of the following statements is not true?
a. Performance reports should be tailored to the responsibilities of the manager or department for which they are prepared.
b. Performance reports normally report standard costs and variances.
c. Performance reports should contain space for explanation of variances.
d. Performance reports do not present the causes of variances.
D
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Use figures A, B, and C to answer the following questions. Figure A is an 8-cm. cube. Figure B is eight, 4-cm cubes. Figure C is sixty-four, 2-cm cubes.
What figure has the greatest surface area (height x width x number of sides x number of cubes)?
A. Figure A B. Figure B C. Figure C D. All of these are the same.
When you receive a job offer you want to accept, how soon should you reply?
A) Immediate B) By the close of business the day the offer was made C) Within 48 hours D) Within 3 days E) Within 5 days
Which of the following statements is incorrect?
A. An unadjusted trial balance is a list of accounts and balances prepared before adjustments are recorded. B. Financial statements can be prepared directly from information in the adjusted trial balance. C. Financial statements should be prepared directly from information in the unadjusted trial balance. D. An adjusted trial balance is a list of accounts and balances prepared after adjusting entries have been recorded and posted to the ledger. E. Each trial balance amount is used in preparing the financial statements.
To be effective, a company's international strategy
A. must be externally consistent among the company's products and regional units. B. must be the same as the company's domestic strategy. C. must have internal consistency with the demands of the international competitive environment. D. must be consistent among all the functions and activities of the company. E. must be the same as the leaders of the industry.