Which of the following statements is FALSE about good forecasts?
a. They should be easy to interpret so that users have confidence in the forecasts.
b. The costs of preparing the forecasts should outweigh its benefits.
c. Any deviations from actual demand should be small.
d. They should be available within a reasonable timeframe.
b. The costs of preparing the forecasts should outweigh its benefits.
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Formal organizational designations create a coalition, based on the interests of the parties involved.
Answer the following statement true (T) or false (F)
Red Company created advertising copy for a client. Which of the following does not indicate that the transaction meets the SEC's four criteria for revenue recognition?
A) The company and the customer agree that the customer owes for the service. B) Both parties understand the price. C) The goods or services have been used to produce revenue. D) There is a reasonable expectation that the customer will pay the bill.
Organizational Behavior (OB) is considered a way of thinking.
Answer the following statement true (T) or false (F)
After the employee has demonstrated that the employer pays unequal wages for equal work to members of the opposite sex, the burden shifts to the employer to prove that the pay differential is based on:
a. a seniority system. b. a merit system. c. a system that measures earnings by quantity or quality of production. d. All of these.