A mixed-model line produces several items belonging to the same family
Indicate whether the statement is true or false
TRUE
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Any initial direct costs incurred by the lessor for a sales-type lease should be
A) expensed in the same period that the lease receivable is recognized. B) recorded as a prepaid asset and allocated to expense over the lease term. C) deferred and recognized as a reduction in the interest rate implicit in the lease. D) directly charged (debited) to Retained Earnings.
The following information refers to Percy's Records and its competitors in the music store business. ?Current RatioQuick RatioPercy's Records2.00.95 Jewel CDs 1.51.00 Rudy's Raps1.81.20 Marvin's Jazz1.90.80 Industry Average2.01.00Required:Comment on the relative liquidity positions of these companies.
What will be an ideal response?
You recently hired a catering service for an important awards ceremony for the members of your organization. Some of the menu choices were poorly prepared and the service was slow. You were dissatisfied with the service and would like to send a message to the owner of the catering business. How would this owner benefit from your constructive criticism? What tone should the message have?
Answer the following statement(s) true (T) or false (F)
1. Deming’s quality control method is often referred to now as total quality management. 2. Quality circles do not involve employees in improving the work environment and the quality of the output by making suggestions to upper management for areas of improvement. 3. Organizational cultures also exist within local or national cultures that have their own influence on the behaviors of organizational members. 4. The ability to effectively adopt change became the difference between successful and mediocre organizations. 5. To illustrate why organizations often succeed at learning, Argyris developed two models of managerial thinking: Model I and Model II.