Answer the following statements true (T) or false (F)
1. The transition of the United States from an agrarian, rural society with self-employed farmers,
shopkeepers, blacksmiths, and shoemakers to one where most workers sell their labor for a
wage or a salary was largely a smooth and relatively painless process.
2. The first national unions in the U.S. began to develop during the early 1900's.
3. The first unions in the U.S. were focused at the local level, representing a single craft or trade.
4. The National Labor Union was one large union that directly represented workers from many
trades, crafts, and industries.
5. The Great Uprising of 1877 was successful in improving labor relations between workers and
winning wage increases and reductions in hours of work.
1. FALSE
2. FALSE
3. TRUE
4. FALSE
5. FALSE
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Tests designed to detect purchases made before the end of the year that have been recorded in the subsequent year most likely would provide assurance about management's assertion of:
A. accuracy. B. cutoff. C. occurrence. D. classification.
Keep-it-Cool Products Inc manufactures a medium-sized drink cooler. On June 30, the company had 800 coolers in inventory. The company's policy is to maintain a cooler inventory equal to 5% of next month's expected sales. The company expects the following sales activity for the third quarter of the year: July 16,000 coolers August 25,000 coolers September 10,500 coolers How many coolers should be
produced in August? A) 24,275 coolers B) 25,725 coolers C) 25,525 coolers D) 23,225 coolers
Which of the following is NOT used to derive an item's gross requirements?
A) the MPS for immediate parents that are end items B) the planned order releases for immediate parents below the MPS level C) the MPS components that are not purchased items D) any other requirements not originating in the MPS, such as the demand for replacement parts
Global marketers such as PepsiCo have embraced technology that enables them to form better relationships and communicate with customers. One of the benefits of e-marketing that Pepsi enjoys is that
A. marketers and customers can share information. B. e-marketing generates more revenue for the firm. C. e-marketing is simple and easy to use. D. e-marketing can be implemented without using advertising agencies.