Ron owes Lloyd $500 due March 1. Lloyd assigns his right to the money to Lou, but neither Lloyd nor Lou notifies Ron. On March 1, Ron pays Lloyd the $500. Ron is not discharged from his obligation, but is liable to Lou for the money
Indicate whether the statement is true or false
False
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What is motivation, and why is it important for managers to understand how motivation works? What do managers need to motivate people to do?
What will be an ideal response?
The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows:
Standard Costs: Fixed overhead (bases on 10,000 hrs) 3 hrs. per unit @ $0.80 per hr. Variable overhead 3 hrs. per unit @ $2.00 per hr. Actual Costs: Total variable cost $18,000 Total fixed cost $ 8,000 The fixed factory overhead volume variance is: A. $2,000 unfavorable B. $5,000 unfavorable C. $2,500 unfavorable D. $5,000 favorable
According to the text, the types of information and IC needs to have reported by subsidiaries include:
A. cultural. B. staffing. C. organizational structure and systems. D. financial.
Which of the following is not a business situation in which linear programming models can be used?
a. Determining an optimal production level b. Determining the correlation between production level and resource utilization c. Optimizing water networks d. None of the above