The Clean Water Act orders the EPA to set a technical standard for pollution control for each industry
a. True
b. False
Indicate whether the statement is true or false
True
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Net cash flow could be used to measure performance in
a. cost centers and investment centers. b. revenue centers and profit centers. c. revenue centers and investment centers. d. profit and investment centers.
In using the product cost concept of applying the cost-plus approach to product pricing, what is included in the markup?
A) Desired profit B) Total fixed manufacturing costs, total fixed selling and administrative expenses, and desired profit C) Total costs plus desired profit D) Total selling and administrative expenses plus desired profit
Identify a defining characteristic of a traditional work environment.
A. Jobs require broad skills and knowledge. B. Most information is freely shared at all levels of the organization. C. Rewards are based on individual and team performance. D. Managers primarily determine "best methods" related to work processes. E. Measured risk taking is encouraged and supported.
Which of the following are not legitimate constraints on the dividends a firm will pay to shareholders?
A) Dividends must not eat into legal capital. B) Bondholders may have covenants limiting the amount of the dividend. C) Dividends may be constrained by the amount of cash a firm has. D) All are legitimate constraints on the dividends that firms choose to pay to shareholders.