Tasks that are ________ in scope will provide a clear sense of the status of the project or of the interdependencies between tasks
A) Short
B) Medium
C) Long
D) Optimal
D
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The business credit card is being used for business and personal expenses, list the business then personal expenses from the March credit card statement. Address the accounting and ethical reason for this separation of expenses.
What will be an ideal response?
The steps of the management science process are:
A) problem definition, model construction, observation, model solution, implementation. B) observation, problem definition, model construction, model solution, implementation. C) model construction, problem definition, observation, model solution, implementation. D) observation, implementation, problem definition, model construction, model solution.
Griffith Manufacturing ships 40 crates of goods by Trusty Shipping, a common carrier. Trusty offers Griffith a shipping rate of $725 for a limited liability of $5,000 or a rate of $975 for full liability for any harm to the goods. Griffith chooses the $725 rate. In transit, Trusty's driver has an accident during an ice storm and all of Griffith's goods are destroyed, causing a loss of $12,000
If Griffith sues Trusty, a. Trusty will be liable for only $5,000 because a common carrier is allowed to limit its liability by contract. b. Trusty will be liable for the full $12,000 because common carriers have strict liability. c. Trusty will automatically be liable for the full $12,000 under the Carmack Amendment. d. Trusty is subject to normal bailment rules and can escape liability for any damage to the goods by proving that it exercised due care of the property and that the loss was caused by an act of God.
A firm's operating breakeven point is the point at which ________
A) total operating costs equal total fixed costs B) total operating costs are zero C) EBIT is less than sales D) EBIT is zero