Core competencies may involve technology expertise, unique service offerings, a marketplace niche, or a particular business acumen

a. True
b. False
Indicate whether the statement is true or false


True

Business

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The Labor Management Relations Act of 1947 is also known as the ________ Act

A) Landrum-Griffin B) Gompers-Lewis C) Taft-Hartley D) Wagner

Business

Green Glass Corporation makes glass bottles for food and beverage makers to package their products for wholesale distribution and retail sale. Liability may be imposed on Green Glass based on

a. the "reasonableness" of the manufacturer's quality control efforts. b. the type of the manufacturer's insurance coverage. c. a manufacturing defect. d. the opinion and testimony of non-experts.

Business

Largo Company recorded for the past year sales of $750,000 and average operating assets of $375,000. What is the margin that Largo Company needed to earn in order to achieve an ROI of 15%?

A. 7.50% B. 15.00% C. 9.99% D. 2.00%

Business

Firlit Corporation incurred $69,000 of actual Manufacturing Overhead costs during October. During the same period, the Manufacturing Overhead applied to Work in Process was $70,000. The journal entry to record the incurrence of the actual Manufacturing Overhead costs would include a:

A. debit to Manufacturing Overhead of $69,000 B. credit to Work in Process of $70,000 C. debit to Work in Process of $70,000 D. credit to Manufacturing Overhead of $69,000

Business