A business focusing on increasing the efficiency of its operations is more directly addressing:
A) volume flexibility.
B) variety.
C) consistent quality.
D) low-cost.
D
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Accrual accounting relates the financial effects of a company's transactions
A) so that the costs of nonoperational events are matched to the balance sheet in the period impacted B) to the period in which they occur rather than to when the cash receipts or payment occurs C) so that the revenue impact of every transaction in a period is properly reflected in the income statement D) so that the impact of every transaction is reflected in the statement of cash flows
Steinhoff Products, Inc., has a Sensor Division that manufactures and sells a number of products, including a standard sensor that could be used by another division in the company, the Safety Products Division, in one of its products. Data concerning that sensor appear below: Capacity in units 51,000Selling price to outside customers$56Variable cost per unit$37Fixed cost per unit (based on capacity)$14?The Safety Products Division is currently purchasing 4,000 of these sensors per year from an overseas supplier at a cost of $48 per sensor.?What is the maximum price that the Safety Products Division should be willing to pay for sensors transferred from the Sensor Division?
A. $14 per unit B. $51 per unit C. $37 per unit D. $48 per unit
The Resource Conservation and Recovery Act (RCRA) requires persons who generate, treat, store, or transport specified quantities of hazardous waste to notify the Environmental Protection Agency (EPA) of that fact and to:
A. obtain an ID number that must be placed on a manifest that accompanies all shipments. B. eradicate the process of handling hazardous wastes. C. refrain from following any procedures in the handling of the wastes. D. dispose of hazardous wastes without waiting for permits.
The numerator of the rate earned on total assets ratio is equal to
A) net income B) income before taxes C) income before interest D) net income minus preferred dividends