The Health Care Reform Act prohibits insurers from establishing an annual spending cap for benefit payments
Indicate whether the statement is true or false
TRUE
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________ helps sales representatives understand how they spend their time and how they might increase their productivity
A) Time-and-duty analysis B) A sales quota C) A feed-forward approach D) An expense allowance E) A norm for prospect calls
______ certifies firms that meet set quality standards.
a. SAI b. ASQ c. ISO d. ANSI
Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000,
$60,000, and $70,000, respectively. In addition, work in process at the beginning of the period for Department 1 totaled $75,000, and work in process at the end of the period totaled $60,000. The journal entry to record the flow of costs into Department 2 during the period for applied overhead is: A) Factory Overhead--Department 2 70,000Work in Process--Department 2 70,000 B) Work in Process--Department 2 220,000Factory Overhead--Department 2 220,000 C) Work in Process--Department 2 70,000Factory Overhead--Department 2 70,000 D) Work in Process--Department 2 150,000Factory Overhead--Department 2 150,000
Chris is CEO of Higdon’s Bait and Tackle shop in New Roads, Louisiana. CB is the Vice President of Live Bait at Higdon’s Bait and Tackle. They are at odds over the best live bait to stock in the store. Chris is adamant that they should carry live worms. CB thinks live worms are outdated as fishing bait and he wants to carry live crickets. They have a meeting set one week from today to try to reach a compromise. Before this negotiation meeting, Chris feels they should both outline the goals and objectives they each would like to achieve. CB, on the other hand, feels this is a waste of time and wants them to both provide documented support for their respective positions. According to the Negotiation Process outlined in the textbook, whose actions best represent the first step in this
process? a. Chris b. CB c. Both Chris and John’s actions are the first step in the negotiation process d. Neither Chris nor John’s actions represent the first step in the negotiation process