Which of the following attributes are not necessary to be a successful project center manager?
a. Have a goal of maximizing the center's profit.
b. Have the ability to obtain resources at the lowest prices.
c. Be able to sell products at the highest possible price.
d. Instill a consideration of support cost in production managers.
d
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In determining the effectiveness of an entity's policies and procedures relating to the existence or occurrence assertion for payroll transactions, an auditor most likely would inquire about and:
A. observe the segregation of duties concerning human resource responsibilities and payroll disbursement. B. verify the preparation of the monthly payroll account bank reconciliation. C. recompute the payroll deductions for employee fringe benefits. D. inspect evidence that all prenumbered payroll checks are accounted for.
Apple designs and markets products that are actually manufactured by a Taiwanese company. This is an example of ______.
a. joint ventures b. contracting c. licensing d. importing/exporting
Use the cost information below for Sundar Company to determine the cost of goods manufactured during the current year: Direct materials used$19,000 Direct labor used 24,500 Factory overhead 55,100 Beginning work in process inventory 10,700 Ending work in process inventory 11,300
A. $79,000. B. $43,500. C. $98,600. D. $98,000. E. $42,900.
Unlike a market economy, a command economy is characterized by:
A. an ignorance of demographic information by management. B. an appropriate response to consumers' stated needs and desires. C. insufficient security provided by government subsidies. D. private ownership of businesses.