Whole Life Spa believes in meeting societal expectations whether or not mandated by law. It uses only organic products that are environmentally friendly. Whole Life Spa is operating at the ________ level of the pyramid of corporate social responsibility.
A. administrative
B. economic
C. philanthropic
D. legal
E. ethical
Answer: E
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An example of human capital rareness would be ______.
A. Jake, who is an excellent computer programmer with an eye for detail B. Justine, who shares in the same values, attitudes, and type of culture as the organization C. Jennifer, who feels she is in the right organization and does not want to move to another organization D. Jose, who has a genuine willingness to contribute to the performance of his organization
A survey about pet ownership used a sample derived from people who visit a website and register. This sample would lack ________ because not everyone has Internet access
A) flexibility B) validity C) responsiveness D) reliability E) representativeness
Investments with a maturity of less than ninety days are generally classified as cash equivalents
Indicate whether the statement is true or false
Wineman Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted (Planned) Overhead: Budgeted variable manufacturing overhead$153,425 Budgeted fixed manufacturing overhead 352,925 Total budgeted manufacturing overhead$506,350 Budgeted production (a) 25,000units Standard hours per unit (b) 1.90machine-hours Budgeted hours (a) × (b) 47,500machine-hours Applying Overhead: Actual production (a) 23,000units Standard hours per unit (b) 1.90machine-hours Standard hours allowed for
the actual production (a) × (b) 43,700machine-hours Actual Overhead and Hours: Actual variable manufacturing overhead$107,000 Actual fixed manufacturing overhead 336,925 Total actual manufacturing overhead$443,925 Actual hours 42,800machine-hours ?The variable overhead rate variance is: A. $31,901 F B. $31,244 F C. $31,901 U D. $31,244 U