If sales volume expands materially late in the year, days' sales in receivable will be:
a. unaffected by the choice of a natural business year over a calendar year-end.
b. understated in one year and overstated in the following period.
c. understated.
d. overstated.
d
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In a professional services firm, the term "overhead" refers to:
a. Expenses other than professional labor that can be traced to specific jobs. b. Indirect labor costs. c. Indirect expenses incurred to support the activities of the firm. d. Indirect expenses incurred in the factory.
Fostering a climate that encourages ethical behavior by the sales force requires management to do all of the following EXCEPT:
A. formally discourage "whistle-blowing." B. ensure that top management behaves ethically. C. establish an ethics committee. D. discipline wrongdoers. E. establish control systems.
During the assessment and evaluation activity of the change management process, the potential impact and risk of the change, as well as the proposed benefits of the change are assessed, and the request for change is either approved or not approved.
Answer the following statement true (T) or false (F)
Taylor (2014) argues that one of the major arguments in favour of internal recruitment is speed of adjustment, which refers that:
a. the induction process is not needed. b. training to perform is shortened in time. c. the psychological contract is different. d. they adapt to organizational culture more quickly.