Which of the following describes the selling and administrative expenses budget?
A) It aids in planning to ensure the company has adequate inventory on hand.
B) It captures the variable and fixed components of selling and administrative expenses of the business.
C) It depicts the breakdown of sales based on terms of collection.
D) It shows the cash flows related to the selling and administrative expenses and helps in planning to ensure the business has adequate cash.
B
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Macksym is the shift manager at a local manufacturing plant. From 10:00 a.m. to 11:00 a.m. this morning, he was outside the plant, waiting on a shipment of a part needed for the next shift because he couldn’t spare any employees from the production line to do so. This would best be described as an example of a ______.
a. planning function b. leading function c. controlling function d. nonmanagement function
River Vista Inc enters into a contract with Stable Realty Management to manage and maintain River Vista's commercial real estate. Their contract provides that neither party can recover damages for a non-fraudulent or unintentional breach. This is
a. a limitation-of-liability clause. b. an exculpatory clause. c. a liquidated damages clause. d. a quasi contract
For the three years from early 2002 to early 2005, the euro maintained a strong and steady rise in value against the U.S. dollar (USD). After a brief respite in 2005, the euro continued its climb against the USD into 2008
Which of the following were NOT a contributing factor in the assent of the euro and the decline in the dollar? A) severe U.S. balance of payments deficits B) a general weakening of the dollar after the attacks of September 11, 2001 C) large U.S. balance of payment surpluses D) All of the above were contributing factors.
Discuss the enforcement of Title VII