If a factory wants to cut its current lot size in half, by what proportion must setup cost change?
A) Setup cost must be cut to one fourth its current value.
B) Setup cost must also be cut in half from its current value.
C) Setup cost must double from its current value.
D) Cannot be determined.
E) Setup cost must quadruple from its current value.
A
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Answer the following statements true (T) or false (F)
1. Sigma quality level indicates how frequently a process can be expected to deliver products of good quality. 2. Product returns are higher as a consequence of a high sigma level of quality. 3. Two landing errors at major airports every day indicate a 99.9% defect rate. 4. With regard to Six Sigma training, Master Black Belts check that Six Sigma efforts are applied consistently across an organization.
U.S. GAAP and IFRS distinguish between revenues and expenses on the one hand and gains and losses on the other. Which of the following is/are not true?
a. Revenues and expenses result from the recurring, primary operating activities of a business. b. Income items include the ordinary, recurring operating activities of the firm. c. Gains and losses result from either peripheral activities or nonrecurring activities. d. The reporting of revenues and expenses are at gross amounts, and firms report gains and losses at net amounts. e. Gains and losses result from the recurring, primary operating activities of a business.
Some states provide that in the absence of an agreement to the contrary each member of a limited liability company has one vote
a. True b. False Indicate whether the statement is true or false
For purposes of an implied easement, apparent use means visible use
Indicate whether the statement is true or false