Explain what subsidiary ledgers are and give examples of three types of subsidiary ledgers that a business might use
Subsidiary ledgers are often used for accounts that consist of a large number individual items. Most commonly, companies use Accounts Receivable and Accounts Payable to detail individual customer or vendor accounts. Businesses often use subsidiary ledgers to keep track of equipment purchased, its location, and other equipment data.
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Which one of the following is not a tool that company managers can use to promote continuous improvement (operating excellence) in performing value chain activities?
A) Variability reduction analysis in work processes B) Six Sigma quality control techniques C) Total quality management (TQM) D) Business process reengineering E) Strategic group mapping
Which of the following would be studied in the greatest detail in a macroeconomics course?
a. How a large automobile manufacturer decides how many SUVs to produce in a given model year b. How consumers would respond if a restaurant raised its prices c. How a firm in an oligopolistic market would respond to a change in the pricing strategy of other firms in itsmarket d. Factors that influence the nation's unemployment rate
In an industry that is, or is rapidly becoming global, the riskiest possible posture is to
A) become a global competitor. B) remain a domestic competitor. C) remain a global competitor. D) expand beyond the role of domestic competitor. E) none of the above
Recommend procedures to eliminate dysfunctional behavior and prevent its recurrence
What will be an ideal response?