Revenue center responsibility reports show all costs incurred by the department and are useful when management needs to know the full cost of operating the department
Indicate whether the statement is true or false
FALSE
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Cunningham, a branch manager, is allowed a bonus of 10% of income after bonus and tax. If the tax rate is 30% and income before bonus and tax is $200,000, what is Mr. Cunningham's bonus?
A) $13,084 B) $14,000 C) $14,433 D) $20,000
Each employee records the number of withholding allowances claimed on the withholding allowance certificate that is filed with the employer, which is the Form W-4.
Answer the following statement true (T) or false (F)
A company is deciding if it should design a product in-house or outsource the design. If outsourced, the cost for a low bidder would be $40,000, and the cost for an expensive bidder would be $100,000
To design in-house would require overtime for an already stretched design team with total costs of $70,000. If all three designs (in-house, low bid, high bid) are equal in quality and the likelihood of finding a low bidder is 60% (meaning that 40% of the time the firm will have to hire the expensive bidder), should the company outsource design or do it in-house?
Which of the following is NOT a potential cause of the bullwhip effect?
A) shortage gaming B) channel coordination C) order batching D) demand forecast errors E) price fluctuations