Assume you are in the business of producing and selling hamburgers. If you could produce more hamburgers with the same input, what would happen to your productivity and profits assuming the price of your hamburgers remains the same?
A. Decrease in productivity, decrease in profits.
B. Increase in productivity, increase in profits.
C. Decrease in productivity, increase in profits.
D. Increase in productivity, decrease in profits.
Answer: B
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Research on the effects of participative management (PM) on employees' performance and satisfaction indicates that
A. PM has no effect on either. B. PM has a small positive effect on both. C. PM has a large effect on satisfaction, but a small effect on performance. D. PM has a large positive effect on both. E. PM has a large effect on performance, but no significant effect on satisfaction.
Sufficient evidence gathered by the auditor involves which of the following?
a. The quantity of evidence to be obtained. b. The type of evidence to be obtained. c. Obtaining limited evidence to achieve efficiency. d. The use of an audit program to obtain evidence.
One purpose of financial statement analysis for internal users is to provide information to improve efficiency and effectiveness.
Answer the following statement true (T) or false (F)
The goals of the 1972 amendments to the Federal Water Pollution Control Act were to be achieved through a system of ________
A) levying emission charges only B) levying emission charges and marketable discharge permits C) permits and effluent discharge limitations D) direct regulation