What is the function of a real-time system?
A. Provides immediate, up-to-date information.
B. Encompasses all of the information contained within a single business process or unit of work with the primary purpose of supporting the performance of daily operational tasks.
C. Provides real-time information in response to query requests.
D. Encompasses all organization information with the primary purpose of supporting the performance of managerial analysis tasks.
Answer: C
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Common activity drivers for human resource costs include all but which of the following:
a. Counseling hours. b. Hiring action. c. Training hours. d. Dollars expended.
Activity-based costing
A. involves using benchmarking techniques to develop cost estimates for the value chain activities of each major rival. B. is a powerful tool for identifying the different pieces of a company's value chain and classifying them as primary activities and support activities. C. is a tool for identifying the activities that cause a company's product to be strongly differentiated from the products of rivals. D. involves determining which value chain activities represent variable costs and which represent fixed costs. E. is an accounting system that assigns a company's expenses to whichever activity in a company's value chain is responsible for creating the cost.
Match the following:
A. Net income divided by average total assets; measures the amount of net income generated for each dollar invested in assets. B. Net income divided by net sales; indicates the earnings per dollar of sales. C. Compares a company's share price with its earnings per share. D. Gross profit divided by net sales; measures the amount by which the sale price of inventory exceeds its cost per dollar of sales. E. Net income divided by average stockholders' equity; measures the income generated per dollar of equity. F. Net sales divided by average total assets; which measures the sales per dollar of assets invested.
If a worker is an employee, the employer must:
a. provide worker's compensation coverage for the employee b. provide unemployment insurance for the employee c. provide health insurance for the employee d. all of the above e. a and b only