An emphasis on internal fit between organizational components usually focuses on ______________, while a focus on external fit with the environment often focuses on ___________.
a. Fit, financials
b. Efficiency, effectiveness
c. Culture, customers
d. Size, sales
b. Efficiency, effectiveness
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On January 2, 2016, Garage Master Construction, Inc issued $500,000, 10-year bonds for $574,540 . The bonds pay interest on June 30 and December 31 . The face rate is 8% and the market rate is 6%. The interest expense on the bonds at June 30, 2016, is
a. $2,764. b. $17,236. c. $20,000. d. $22,764.
Under accrual basis accounting, revenue is recorded only when cash is received
Indicate whether the statement is true or false
Which of the following statements is true of the behavior of total variable costs, within the relevant range?
A) They will decrease as production increases. B) They will remain the same as production levels change. C) They will decrease as production decreases. D) They will increase as production decreases.
Process innovation typically overtakes product innovation in importance during the shakeout stage of the industry life cycle.
Answer the following statement true (T) or false (F)