Vanessa Grant is responsible for controlling expenses, but is not responsible for generating revenues. Vanessa Grant is a manager of a(n):
A. Profit center.
B. Liability center.
C. Cost center.
D. Investment center.
Answer: C
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The design team's location in one centralized cube farm made it convenient for them to interact with each other and overhear conversations that they had something to contribute to, proving once again the value of:
A) Accessibility. B) Rules and procedures. C) Superordinate goals. D) Physical proximity.
What aspects of variances should managers consider in deciding which variances to investigate?
What will be an ideal response?
At the time Cynthia Cooper discovered the accounting fraud, WorldCom did not have a whistleblower hotline process in place. Instead, Cynthia took on significant risks when she stepped over Scott Sullivan’s head and notified the audit committee chairman of her findings. Conduct an Internet search to locate a copy of the Sarbanes?Oxley Act of 2002. Summarize the requirements of Section 301.4 of
the Act. What will be an ideal response?
Which of the following is a benefit of branding?
A) Well-recognized brands increase the shopping time necessary to find the quality and consistency buyers desire in a product. B) Branding reduces the risks involved in some purchases for which buyers are unable to determine the quality objectively. C) Brands communicate no information about the consumers who buy the brands. D) Brands hide a product's special qualities. E) Brands require consumers to compare product descriptions and ingredients.