Case-Based Critical Thinking QuestionsCase 11-3Maxwell is fighting several computer viruses that have infected his company. He has started to keep a log of each virus so that he can implement preventative measures in the future.The last type of virus that Maxwell adds to his log is the ____ virus. This virus infects a computer's startup program so that the virus becomes active as soon as the computer starts up.
A. start
B. special
C. open
D. boot
Answer: D
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Constrained optimization refers to those limited resources not fully utilized by the product mix
Indicate whether the statement is true or false
______ is simply the existence of differences—in human resource management, it deals with different types of people in an organization.
A. Affirmative action B. Innovation C. Diversity D. Creativity
Which of the following is not a financing activity?
a. Selling plant and equipment b. Borrowing money c. Retiring bonds at maturity d. Issuing common stock for cash e. Purchasing treasury stock
Fletcher Company collected the following data regarding production of one of its products. Compute the fixed overhead cost variance. Direct labor standard (2 hrs. @ $12.75/hr.)$25.50 per finished unitActual direct labor hours 81,500 hrs.Budgeted units 42,000 unitsActual finished units produced 40,000 unitsStandard variable OH rate (2 hrs. @ $14.30/hr.)$28.60 per finished unitStandard fixed OH rate ($336,000/42,000 units)$8.00 per unitActual cost of variable overhead costs incurred$1,140,000 Actual cost of fixed overhead costs incurred$338,000
A. $18,000 unfavorable. B. $18,300 favorable. C. $18,000 favorable. D. $14,300 unfavorable. E. $18,300 unfavorable.