Group productivity depends on successful growth at each stage of the group development process.
Answer the following statement true (T) or false (F)
True
Rationale: Group productivity depends on successful development at each stage. A group that evolves fully through the four stages of development usually becomes a mature, effective group.
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At the break-even point, variable expenses and fixed expenses are equal
Indicate whether the statement is true or false
Under the periodic inventory method, both the beginning and the ending merchandise inventory amounts are posted to the income summary account
Indicate whether the statement is true or false
In a JIT system, reducing throughput time is possible because:
a. there are fewer materials used in the process. b. there are more workers involved in the process. c. there are more supervisors, so a better job is done of directing plant activities. d. there are fewer operations such as moving and storing inventories that do not add value to the product.
Shelby hired Evan to drill a well on her property for $3,000 . They both thought the soil and subsoil were normal for the area, but after he started drilling, Evan found a layer of rock that required him to purchase a special drill and required an extra ten hours of work. Evan demanded an extra $1,000 to complete the job. Discuss whether Shelby is liable for the additional $1,000