Which of the following is not a lot-sizing technique used in MRP systems?
A. Least unit cost (LUC)
B. Economic order quantity (EOQ)
C. Lot-for-lot (L4L)
D. Warehouse loading factor (WLF)
E. Least total cost (LTC)
Answer: D
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Which of the following is NOT helpful in detecting inadequate disclosure fraud?
a. A tip or a complaint. b. Making inquiries of management regarding related-party transactions, contingent liabilities and contractual obligations. c. Looking for inconsistencies between disclosures and information in the financial statements and other information available. d. Searching for analytical symptoms in the financial statements.
In a special order decision, unavoidable current fixed costs are taken into consideration in setting a sales price
Indicate whether the statement is true or false
Laura is the CEO of her company. There are about 25 people in her company as a whole. She manages a team consisting of departments called sales and marketing, accounting, technology, human resources, and administration. Even though her company is relatively small, she has to be careful of the lack of communication between the departments because of their tendency to work apart from each other. Laura works in which type of organizational structure?
a. Divisional b. Simple c. Matrix d. Functional
Severance pay is considered a supplemental unemployment benefit.
Answer the following statement true (T) or false (F)