When managers forget that business is about ______ and not just economic performance, organizations and the broader society suffer
a. numbers c. profits
b. values d. all of these
B
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During June, Cisco Company produced 15,000 chainsaw blades. The standard quantity of material allowed per unit was 1.5 pounds of steel per blade at a standard cost of $5 per pound. The actual purchase price was $6.25 per pound. Cisco determined that it had a favorable materials usage variance of $2,500 for June. What is the journal entry to record the issuance and usage of materials?
A) Work in Process 112,500Materials Usage Variance 2,500Materials 110,000 B) Work in Process 110,000Materials Usage Variance 2,500Materials 112,000 C) Work in Process 112,500Materials Usage Variance 2,500Materials 115,000 D) Work in Process 140,625Materials Usage Variance 2,500Materials 138,125
When a claim is nonallowable, a writer should use the _____ approach in the adjustment letter
Fill in the blank(s) with correct word
When high ethical principles are deeply ingrained in the corporate culture of a company, culture can function as a powerful mechanism for all of the following EXCEPT
A. gaining employee buy-in to the company's corporate values. B. communicating ethical behavioral norms. C. gaining employee buy-in to the company's business principles. D. boosting short-termism. E. gaining employee buy-in to the company's moral standards.
Explain the differences in the different forms of concurrent real property ownership
What will be an ideal response?