Which of the following is one of the primary reasons leaders fail?
a. An authoritarian style
b. Intimidation and arrogance
c. Too much focus on people
d. Financial focus
b. Intimidation and arrogance
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Absorption and variable costing are two different methods of measuring income and costing inventory.Required: A. Product costs are defined as costs associated with the manufacturing process. How does the operational definition of product cost differ between absorption costing and variable costing?B. An absorption-costing income statement will report gross profit or gross margin whereas a variable-costing income statement will report contribution margin. What is the difference between these terms?
What will be an ideal response?
Audit objectives for communications controls include all of the following except
a. detection and correction of message loss due to equipment failure b. prevention and detection of illegal access to communication channels c. procedures that render intercepted messages useless d. all of the above
Using the fixed-time-period inventory model, and given an average daily demand of 200 units, 4 days between inventory reviews, 5 days for lead time, 120 units of inventory on hand, a z of 1.96, and a standard deviation of demand over the review and lead time of 3 units, which of the following is the order quantity?
A. About 2,686 B. About 1,086 C. About 1,806 D. About 1,686 E. About 2,206
Sammy’s Soda Shoppe is known for its famous specialty drinks that you can not find anywhere else in the state. The drinks provide a/an ____ for Sammy’s Soda Shoppe.
a. mission b. distinctive competence c. strategy d. cost leadership