Credit Unions get slight competitive advantage over commercial banks and thrifts because they
A. get their charter from the Comptroller of the Currency.
B. get tax exemptions as they are often run as non-profit organizations.
C. are insured by the Federal Deposit Insurance Corporation.
D. can rely on the funds from the Federal Reserve at times of emergency.
Answer: B
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In which of the following conditions should constructive conflict be stimulated?
A. Managers want to achieve work objectives. B. The group seems to be afflicted with inertia and apathy. C. The group is adapting to change. D. Managers are in charge of self-managed teams. E. There is a lot of internal competition.
Baj Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following data for the most recent year. ?Estimated total fixed manufacturing overhead from thebeginning of the year$534,000 ?Estimated activity level from the beginning of the year 30,000machine-hours?Actual total fixed manufacturing overhead$487,000 ?Actual activity level 27,400machine-hours?The predetermined overhead rate per machine-hour would be closest to:
A. $19.49 B. $17.80 C. $17.77 D. $16.23
Which ratio will increase when accounts payable is not recorded?
a. Accounts payable/Inventory b. Quick assets/Current liabilities c. Accounts payable/COGS d. Accounts payable/Total liabilities
If you walk into a(n) ________, you will likely find a broad variety of merchandise, deep assortment, and customer service, with everything organized into distinct departments for displaying merchandise.
A. department store B. off-price retailer C. specialty store D. discount store E. category specialist