Standards do not have to be stated in numbers and be measurable, so words such as excellent and superior are good to use.

Answer the following statement true (T) or false (F)


False

Business

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Not all companies that use income segmentation target the affluent

Indicate whether the statement is true or false

Business

Managing a knowledge intensive workforce is very challenging. The best way for a firm to manage its workforce is to

A. balance efforts in attraction, selection, and retention of top talent. B. attract the brightest employees and train them often. C. ensure that it pays higher salaries than its rivals. D. retain knowledge workers by increasing rewards.

Business

$100 is received at the beginning of year 1, $200 is received at the beginning of year 2, and $300 is received at the beginning of year 3. If these cash flows are deposited at 12 percent, their combined future value at the end of year 3 is ________

A) $1,536 B) $ 672 C) $ 727 D) $1,245

Business

Bolander Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:Total machine-hours70,000Total fixed manufacturing overhead cost$ 294,000Variable manufacturing overhead per machine-hour$ 2.30 Recently, Job M825 was completed with the following characteristics:Number of units in the job20Total machine-hours80Direct materials$ 665Direct labor cost$ 1,840The amount of overhead applied to Job M825 is closest to:

A. $336 B. $704 C. $184 D. $520

Business