A product contains a manufacturing defect when the product departs from its intended design even though all possible care was exercised

Indicate whether the statement is true or false


True

Business

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The Federal Communications Commission (FCC) is responsible for monitoring television advertising directed to children, in terms of the number of minutes per hour that are directed to children

Indicate whether the statement is true or false

Business

A company purchased new furniture at a cost of $16,000 on September 30. The furniture is estimated to have a useful life of 5 years and a salvage value of $2200. The company uses the straight-line method of depreciation. How much depreciation expense will be recorded for the furniture for the first year ended December 31?

A. $3110 B. $910 C. $690 D. $230 E. $800

Business

Managers have to analyze the set of ______ in each subordinate or new hire and understand that person’s individual limitations.

A. traits B. abilities C. contents D. interests

Business

When a buying division elects to purchase from an outside supplier,

A) the impact on overall company profits is usually not considered in the decision. B) only fixed costs should be included in the decision analysis. C) the price from the outside supplier is likely to be more than the incremental cost to the supplying division. D) overall company profits should be enhanced.

Business