A(n) _____ is a law that compels a company earning foreign currency from its exports to sell it to a central bank rather than sending the money out of the country.
A. tariff
B. quota
C. fiscal prerequisite
D. exchange control
E. transfer barrier
Answer: D
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The use of supplemental resources such as overtime, contract workers, and additional shifts leads to a ______.
A. drop in product quality B. substantial increase in operating costs C. need for new product designs D. need for new corporate strategies
When Gap, Inc was developing the concept for its chain of Old Navy stores, the company gave employees who fit the desired Old Navy customer profile $200 apiece
They set them loose on a shopping spree, and then interviewed them about what they purchased so these products would be on the Old Navy shelves when the stores opened. Gap, Inc utilized what format of participant sampling? A) probability sampling B) systematic sampling C) stratified sampling D) nonprobability sampling E) simple random sampling
Which is true about incident management systems?
A. When using an incident management system, a best practice is to close the incident as soon as the support analyst thinks he/she has resolved the issue. B. Most organizations allow analysts to keep a log of all e-mails, while requiring analysts to log all phone calls into an incident management system. C. Ideally, one should integrate incident management systems with the information or systems used to manage Service Level Agreements, such as target response and resolution times D. Most incident management systems require that analysts manually track the status of incidents from start to finish.
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$120? Units in beginning inventory 0Units produced 9050?Units sold 8650?Units in ending inventory 400? Variable costs per unit: Direct materials$20?Direct labor$62?Variable manufacturing overhead$8?Variable selling and administrative expense$12?Fixed costs: Fixed manufacturing overhead$135,750?Fixed selling and administrative expense$9000?What is the net operating income for the month under variable costing?
A. $16,950 B. $6000 C. $(25,050) D. $10,950