If the new venture is not a manufacturing operation, but a retail store or service, a new section of the business plan is required, which is called the:
A. operational plan.
B. production plan.
C. executive summary.
D. organizational plan.
Answer: A
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After a series of bus accidents, one of which resulted in a critical injury to a driver, Inland Shuttle drivers received additional training and buses were retrofitted with new braking systems. This helps to satisfy which of Maslow's needs?
A. Self-actualization B. Esteem C. Love D. Safety E. Physiological
The preference to dividends that preferred shareholders have is
A) the right to receive the appropriate dividend before common shareholders are paid any dividends when dividends are declared. B) the right to accumulate dividends that have not been declared. C) the right to share dividends equally with common shareholders when dividends are declared. D) the right to be paid a minimum dividend each year.
Change of possession is a common and convenient way for perfecting most security interests in consumer goods.
Answer the following statement true (T) or false (F)
The total overhead cost variance is equal to the difference between
A) fixed overhead costs and variable overhead costs. B) estimated overhead rate and applied overhead rate. C) actual overhead costs and variable overhead costs. D) actual overhead costs and standard overhead costs.