Flagler Corporation takes eight hours to complete the setup process for a certain electrical component, with the setup cost averaging $150 per hour. If the company's competitor can accomplish the same process in six hours, Flagler's non-value-added cost would be:
A. $900.
B. $1,200.
C. $300.
D. $150.
E. $0.
Answer: C
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Snappy Cameras is launching a new advertising campaign to demonstrate the high quality of its digital cameras. Which media option would give the audience the most control over exposure to the ads and interactive capabilities?
A) the Internet B) newspaper C) TV D) radio E) billboard
List the principles of internal control.
What will be an ideal response?
Prior to the start of 2013, Bellamy Inc estimated budgeted sales at 60,000 units. During 2013, 68,000 units were produced out of which 65,000 units were sold. How many units should Bellamy's 2013 flexible sales budget be based upon?
A) 65,000 units B) 71,000 units C) 60,000 units D) 66,500 units
Which of the following would be considered a copyright infringement?
A) a brief quotation in a news report B) use of copyrighted material in a spoof or satire C) using several clips of a documentary movie D) reproduction by a teacher or student of a small part of the work to illustrate a lesson