When JIT is implemented, which of the following changes in the accounting system would not be expected?
a. fewer cost allocations
b. elimination of standard costs
c. combining labor and overhead into one product cost category
d. combing raw material and materials in work-in-process into one product cost category
B
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Darrel, Smith, Keith, and Aaron are claimants to a collateral interest. Smith and Darrel secure their interests. Aaron takes physical possession of the collateral. Keith files a financing statement some time later
Who among the four will have highest priority of claim to the collateral? A) Darrel B) Smith C) Keith D) Aaron
In the interviewing process, after making the candidate comfortable, an interviewer should begin by
A. asking questions about the candidate's age, race, marital status, and religion. B. asking general questions about the candidate's background and qualifications. C. telling the candidate what to expect regarding the organization's decision about the job. D. jotting down notes of his or her impressions about the candidate.
If you see someone standing alone at a networking event, you should _______________.
a. leave the person alone b. hand him or her your business card and walk away c. not approach until you see someone else do so d. approach him or her and try to strike up a conversation
What makes an exculpatory clause illegal and against public policy?