To be successful, strategic planning should be _____
a. conducted by a planning group
b. viewed as an integrated and ongoing process
c. focused on short-term objectives
d. focused on technology
b
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When it is said that a report should be terse, it is meant that it should be as brief as possible but not at the expense of completeness
Indicate whether the statement is true or false
Which of the following is a common mass customization practice?
a. Postponement b. Distribution delay c. Cancellation d. Reimbursement
Which of the following would be an example of conservative accounting?
A. Assessing the probability of a contingent liability as probable. B. Estimating the percentage of bad debts as 6% of accounts receivable instead of 10% of accounts receivable. C. Estimating warranty costs to be 4% of sales instead of 9% of sales. D. Estimating that none of the inventory has a market value below cost rather than estimating that some inventory has a market value below cost.
One method of accounting for systematic risk for a project involves identifying a publicly traded
firm that is engaged in the same business as that project and using its required rate of return to evaluate the project. This method is referred to as A) scenario analysis. B) sensitivity analysis. C) the pure play method. D) the accounting beta method.