The manufacturing overhead variance that is a measure of capacity utilization is:
A. the overhead rate variance.
B. the overhead budget variance.
C. the overhead efficiency variance.
D. the overhead volume variance.
Answer: D
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If you have a commitment to pay a friend in Britain 1,000 pounds in 30 days, you could remove the risk of loss due to the appreciation of the pound by
a. buying dollars in the forward market for delivery in 30 days. b. selling dollars in the forward market for delivery in 30 days. c. buying the pounds in the forward market for delivery in 30 days. d. selling the pounds in the forward market for delivery in 30 days.
Normal expenditures for repairs and maintenance to plant and equipment are accounted for by
a. debiting Equipment and crediting Cash and Supplies Inventory. b. debiting Repairs Expense and crediting Cash and Supplies Inventory. c. debiting Cash and Supplies Inventory and crediting Repairs Expense. d. debiting Cash and Supplies Inventory and crediting Equipment.
According to Hofstede, cultures with weak uncertainty avoidance are best described as ________
A) collectivist B) hierarchical C) egalitarian D) risk-averse E) risk-tolerant
When preparing to deliver bad news, the audiences' reaction _____
A) will not greatly impact the content that you develop for your message B) will always be the same— angry and disappointed—so no additional analysis on this subject is necessary C) can be exactly predicted using the ACE process D) should be anticipated by thinking about the situation from their perspective E) will vary so much from case to case that it is not worth the effort to try to determine it