By not monitoring and catching problems early on in the project, Larry and his team are risking marginalization.

Answer the following statement true (T) or false (F)


True

Business

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Givens Corp is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: Sales $500,000 Purchases 225,000 Inventory (beginning) 16,000 Inventory (ending) 30,000 Operating Expenses 148,000 Income Tax Expense 10,000 Retained Earnings (beginning) 53,000 Dividends 15,000 Refer to the information for Givens Corp Calculate net income

a. $289,000 b. $141,000 c. $131,000 d. $116,000

Business

Frank offers to provide a bonus to whoever can finish their research project by the next holiday break. Frank is using which tactic for influencing others?

A. exchange B. upward appeals C. rational appeals D. ingratiation

Business

Bracken Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,100 client-visits, but its actual level of activity was 2,140 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for September:Data used in budgeting: Fixed element per month Variable element per client-visitRevenue   $44.50Personnel expenses$26,100 $12.60Medical supplies 600  7.20Occupancy expenses 6,500  2.40Administrative expenses 3,100  0.10Total expenses$  36,300 $  22.30Actual results for September:  Revenue$93,240 Personnel expenses$50,754 Medical supplies$15,328 Occupancy expenses$11,646 Administrative expenses$3,394 The revenue variance for September would be closest to:

A. $1,990 F B. $1,990 U C. $210 U D. $210 F

Business

The Chicago School is a market or efficiency approach to antitrust policy

Indicate whether the statement is true or false

Business