Consider the following budgets: (1) Direct materials (2) Income statement (3) Production (4) Cost of goods sold In what order should these budgets be prepared?
a. 2, 3, 1, 4
b. 3, 4, 1, 2
c. 1, 3, 4, 2
d. 3, 1, 4, 2
d
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Commission is typically used:
A) when the products have long selling cycles like several years. B) when management wants to encourage activities like market research that do not generate revenue. C) for new salespeople, who are unlikely to generate substantial sales in the short run. D) to reward the best performance and motivate a high level of selling effort.
You want to observe how often consumers listen to music throughout their day and what different audio devices they use. You are also interested in how consumers store and access their own music collections. You should conduct ________ research
A) causal B) experimental C) secondary D) pure E) exploratory
Cliessa was fired for smoking a cigarette in the bathroom. This was her first infraction on the company’s new “no smoking” on-site policy. The discipline of Cliessa appears to violate which Just Cause test?
A. Upon investigation, was there substantial evidence or proof that the employee was guilty as charged? B. Was the degree of discipline administered by the company in a particular case reasonably related to the seriousness of the employee’s proven offense and the record of the employee’s service with the company? C. Did the company give the employee forewarning or foreknowledge of the possible or probable disciplinary consequences of the employee’s conduct? D. Has the company applied its rules, orders, and penalties evenhandedly and without discrimination to all employees?
Business reports can range from informal to formal, depending on their purpose, setting, and ________
Fill in the blank(s) with correct word