________ describes the collectively shared values and norms of an organization's members.

A. Organizational structure
B. Organizational culture
C. Competitive advantage
D. Core competency


Answer: B

Business

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When a company acquires a long-term bond investment, by paying cash, total assets remain unchanged

Indicate whether the statement is true or false

Business

Heroux Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:  FormingCustomizingTotalEstimated total machine-hours (MHs) 3,000 7,000 10,000Estimated total fixed manufacturing overhead cost$16,500$20,300$36,800Estimated variable manufacturing overhead cost per MH$1.70$2.50   During the most recent month, the company started and completed two jobs--Job A and Job H. There were no beginning inventories. Data concerning those two jobs follow:  Job AJob HDirect materials$12,800$6,700Direct labor cost$24,300$7,800Forming machine-hours 2,000 1,000Customizing machine-hours 2,800 4,200Assume that the company uses a plantwide predetermined manufacturing overhead

rate based on machine-hours. The amount of manufacturing overhead applied to Job H is closest to: A. $19,136 B. $5,940 C. $24,948 D. $30,888

Business

When the option holder decides to exercise the option, the option writer has the option to not fulfill the request

Indicate whether the statement is true or false

Business

In Figure 4.3, the decrease in the interest rate from i1 to i2 can be explained by

A) a decrease in money growth. B) an increase in money growth. C) a decline in the expected price level. D) only A and B of the above.

Business