Which of the following is an advantage of decentralization?
A) It allows top-level management who normally work at corporate headquarters to get involved with the day-to-day decisions that need to be made at lower levels.
B) It allows managers to focus on their own area of responsibility rather than what is best for the company as a whole.
C) It allows decisions to be made in a more timely manner.
D) It requires very little as far as manager training costs.
C
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All of the following are inventory costing methods except
A) first-in, first-out. B) average-cost. C) periodic. D) specific identification.
Samantha is asked by her boss to attend the supervisors' meeting in the afternoon, and to participate in a brief discussion on the flex-time schedule proposal her department is supporting
Which of the following is true about Samantha's preparation for this meeting? A) She should anticipate and outline the questions and objections the supervisors will have to this proposal, so that she can address them. B) She should create a list of only a few bullet points focusing on the benefits this proposal has for herself and her coworkers. C) She should create an elaborate outline and distribute it at the meeting. D) She should focus on only the benefits of the proposal. E) It is best to enter a situation like this without an outline and just be spontaneous.
During 2014, Larson Corp acquired buildings for $325,000, paying $75,000 cash and signing a 10% mortgage note payable in 1 . years for the balance. How should the transaction be shown in the cash flow statement for Larson in 2014?
a. As a $325,000 reduction in cash flows from investing activities and a $250,000 increase in cash flows from financing activities b. As a $325,000 reduction in cash flows from investing activities c. As a $75,000 reduction in cash flows from investing activities d. As a $250,000 increase in cash flows from financing activities
Groups of physicians that contract with an employer to provide medical resources on a more cost-efficient basis in exchange for a greater share of patients are known as
A. preferred provider organizations (PPOs). B. major medical plans. C. health maintenance organizations (HMOs). D. integrated medical practices.