The rationale for making strategy-critical value chain activities the primary building blocks in a company's organizational scheme is based on the
A. benefit such an organizational scheme has in improving the productivity of geographically scattered organizational units.
B. much shorter time it takes to build core competencies and competitive capabilities.
C. benefit such an organizational scheme has in reducing costs.
D. thesis that if activities crucial to strategic success are to have the resources, decision-making influence, and organizational impact, they have to be centerpieces in the organizational scheme.
E. benefit such an organizational scheme has in making the empowerment of employees more effective.
Answer: D
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The following accounts are from last year's books at Sharp Manufacturing:Raw MaterialsBal0(b)154,000(a)164,000 10,000 Work In ProcessBal0(f)510,000(b)132,000 (c)168,000 (e)210,000 0 Finished GoodsBal0(g)460,000(f)510,000 50,000 Manufacturing Overhead(b)22,000(e)210,000(c)26,000 (d)156,000 6,000Cost of Goods Sold(g)460,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of cost of goods manufactured for the year?
A. $510,000 B. $252,000 C. $460,000 D. $454,000
A significant deficiency:
A. Involves an amount of discovered misstatements greater than the amount used as the planning measure of materiality. B. Is identical to a material weakness except that it need not be communicated to those responsible for oversight of the company's financial reporting. C. Is less severe than a material weakness. D. Differs from a material weakness in that it involves internal control over operations rather than internal control over financial reporting.