Amazon is able to achieve operational excellence because it not only has the technology to coordinate personal buyers, it also has an effective HR hiring program that selects and trains the best employees.
Answer the following statement true (T) or false (F)
True
Operational excellence is achieved through efficient operations and excellent supply chain and human resource management.
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In its "Objectives of Financial Reporting by Business Enterprises" the FASB identified a variety of primary users including all of the following except
A. internal management B. investors C. creditors D. security analysts
Where is access control exercised in the purchasing/cash disbursement functions?
A __________ is a small work group that meets periodically to discuss ways to improve their functional areas and the quality of the product.
Fill in the blank(s) with the appropriate word(s).
During June, Cisco Company produced 12,000 chainsaw blades. The standard quantity of material allowed per unit was 1.5 pounds of steel per blade at a standard cost of $8 per pound. Cisco determined that it had a favorable materials usage variance of $1,000 for June. Calculate the actual quantity of materials Cisco used
A) 17,875 pounds B) 12,125 pounds C) 11,875 pounds D) 18,125 pounds