If 100 resumes were obtained from an employment agency and 19 of the applicants submitting those resumes were invited for an on-site interview, the yield ratio for that agency would be
A. 100 percent.
B. 81 percent.
C. 38 percent.
D. 19 percent.
Answer: D
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A control technique that can reduce the risk of a terminated employee being paid is
a. a security camera viewing the time clock b. the supervisor taking role during the shift c. paychecks being distributed by an independent paymaster d. reconciliation of time cards and job tickets
Spencer’s manager, who is the owner of the business, asked Spencer to record some of the manager’s personal expenses as business expenses to make the expenses deductible for income tax. Since this practice is illegal, Spencer refused to do it. He was fired. It would appear that Spencer’s right to ______ was violated.
A. free consent B. due process C. life and safety D. freedom of conscience
If the expected sales volume for the current period is 7,000 units, the desired ending inventory is 400 units, and the beginning inventory is 300 units, the number of units set forth in the production budget, representing total production for the current period, is:
A) 6,900 B) 7,000 C) 7,200 D) 7,100
The following information summarizes the standard cost for producing one metal tennis racket frame at Spaulding Industries. In addition, the variances for one month's production are given. Assume that all inventory accounts have zero balances at the beginning of the month. Standard Cost Per Unit Standard Monthly CostsMaterials$4.00 $8,400 Direct Labor 2 hrs @ $2.60 5.20 10,920 Factory Overhead: Variable 1.80 3,780 Fixed 5.00 10,500 $16.00 $33,600 Variances: Material price$244.75 unfavorableMaterial quantity$500.00 unfavorableLabor rate$520.00 favorableLabor efficiency$2,080.00 unfavorableWhat was the actual price per unit paid for the direct material during the month, assuming all materials purchased were put into
production? A. $4.11 B. $4.34 C. $4.00 D. $4.22