Locked storerooms contribute to the achievement of the operations system control goal of securing inventory.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Which of the following terms implies an increase in responsibility and control in the vertical direction?
A) job rotation B) job enrichment C) job re-design D) job enlargement E) job satisfaction
If a company has a quick ratio of 1.0 and a current ratio of 2.0, then:
A. ?the value of current assets is equal to the value of inventory. B. ?the value of current assets is equal to the value of current liabilities. C. ?the value of current liabilities is more than the value of current assets. D. the value of current liabilities is equal to the value of inventory.? E. ?the value of inventory is more than the value of current assets.
Kurtz Logistics provides the following information
Operating income $1,600,000 Net sales $13,500,000 Average total assets $1,850,000 Management's target rate of return 20% What is the company's profit margin ratio? A) 13.7% B) 11.9% C) 86.5% D) 1.1%
Assume that a firm has a steady record of paying high dividends for years. A new management
team decided to cut the current year's dividend in half without disclosing why. The market value of the stock fell 35% on the day the dividend cut was announced. Which of the following would best explain the stock market's reaction to the announcement? A) residual dividend theory B) information effect C) empirical theory D) dividend irrelevance theory