If the solution values of a linear program are rounded in order to obtain an integer solution, the solution is:
A) always optimal and feasible.
B) sometimes optimal and feasible.
C) always feasible.
D) never optimal and feasible.
Answer: B
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Managerial decision makers must often consider non-economic factors as well. For example, when considering whether to outsource to another country, in addition to considering the cost of that decision, managerial accountants with an emphasis on sustainability should consider the human capital impact as well. This represents sustainability within a:
A. make-or-buy decision. B. special-order decision. C. keep-or-drop decision. D. sell-or-process further decision.
Using Table 7.8, what is the activity with the greatest amount of slack?
A) A B) B C) C D) D
You are purchasing a new car and are making a down payment of $6,500. To be assured of payment, the dealership would request that you provide a
A) personal check. B) money order. C) cashier's check. D) traveler's check.
Assume estimated revenues exceed appropriations. When the budget for the General Fund is recorded, the journal entry will include:
A. a credit to Estimated Revenues Control. B. a credit to Budgetary Fund Balance -- Reserve for Encumbrances. C. a debit to Appropriations Control. D. a credit to Budgetary Fund Balance.