As firms simultaneously downsize and face the need for increased coordination across organizational boundaries, a control system based primarily on ________ is dysfunctional.
A. organizational loyalty
B. boundaries and constraints
C. culture and rewards
D. innovation and risk taking
Answer: B
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The quality of accounting information that allows a user to compare two or more accounting periods for a single company is known as consistency
a. True b. False Indicate whether the statement is true or false
When using the indirect method, how is the receipt of cash from the sale of long-term investments treated on the statement of cash flows?
a. Operating activity b. Investing activity c. Financing activity d. Noncash investing or financing activity
Which of the following assumptions is FALSE in the EPQ model?
a. Production runs to replenish inventory occur on a continuous basis. b. Many products are involved. c. The demand is known and occurs uniformly and continuously throughout the year. d. Shortages are allowed.
Improvements to cash management include ________
A) a reduction in the cash turnover B) a reduction in the cash conversion cycle C) an increase in the average age of inventory D) an increase in the credit period allowed to customers