Inventory turnover measures ________.
A) the days' sales in inventory ratio
B) how rapidly merchandise inventory is purchased
C) how rapidly merchandise inventory is sold
D) the time period for inventory to become obsolete
C) how rapidly merchandise inventory is sold
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According to the human resources school of thought, labor unions are:
A. necessary to correct market imperfections. B. a sign of unhealthy HR practices and problematic because they promote adversarial management-labor relationships. C. irrelevant in that they have little effect on the competitiveness of the labor market and are ineffective in improving HR practices. D. monopolies that restrict market competition.
Naples Corporation has two service departments (Maintenance and Human Resources) and three production departments (Machining, Assembly, and Finishing). The two service departments service each other, and studies have shown that Maintenance provides the greater amount of service. Given the various cost allocation methods, which of the following choices correctly denotes whether Maintenance cost would be allocated to Human Resources? DirectStep-DownReciprocalA.YesNoYesB.YesNoNoC.YesYesYesD.NoYesNoE.NoYesYes
A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E
Batterson Corporation leases its corporate headquarters building. This lease cost is fixed with respect to the company's sales volume. In a recent month in which the sales volume was 28,000 units, the lease cost was $697,200.To the nearest whole dollar, what should be the total lease cost at a sales volume of 29,200 units in a month? (Assume that this sales volume is within the relevant range.)
A. $697,200 B. $712,140 C. $668,548 D. $727,080
The Regulatory Flexibility Act: A) created the process of hybrid rule making
B) requires publication of rule notices in trade magazines. C) requires a six-month comment period in formal rule making. D) allows regulators to promulgate rules without prior notice.