The three primary inventory accounts in a manufacturing company are
a. Merchandise Inventory, Supplies Inventory, and Finished Goods Inventory.
b. Merchandise Inventory, Work in Process Inventory, and Finished Goods Inventory.
c. Supplies Inventory, Work in Process Inventory, and Finished Goods Inventory.
d. Raw Material Inventory, Work in Process Inventory, and Finished Goods Inventory.
D
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Which of the following best describes the political situation when people are in “the woods”?
A. They are focusing on underlying norms rather than directly examining the issues. B. They are directly examining the issues rather than the underlying norms. C. They are ignoring both the issues and the norms that underlie the issues. D. They are attending to both the direct issues and the underlying norms.
Which of the following yields the standard direct material cost?
A) Multiplying the standard price of direct materials by the standard quantity for direct materials B) Adding the standard price of direct materials to the standard quantity for direct materials C) Multiplying the actual price of direct materials by the actual quantity for direct materials D) Adding the actual price of direct materials to the actual quantity for direct materials
When is a deadline without control checkpoints appropriate?
a. dynamic tasks that change frequently b. simple, short tasks c. lengthy tasks d. low-priority tasks
David looks to his coworkers when determining whether or not he should obey the company’s code of ethics. He is reasoning at which level?
A. conventional B. preconventional C. postconventional (principled) D. none of these