When a culture gap occurs, there will be ______.
a. economic disincentives
b. a difference between desired culture and actual behavior
c. strategic success
d. an inability for an organization to function
b. a difference between desired culture and actual behavior
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Relevance of the gross profit margin depends upon
A) the accuracy of the gross profit percentage B) the net sales C) applying the overall profit margin to each individual department D) averaging prior periods' net sales and total sales to verify which is best to use
In a typical (conservative assumptions) after-tax discounted cash flow analysis, depreciation expense is assumed to accrue at
a. the beginning of the period. b. the middle of the period. c. the end of the period. d. irregular intervals over the life of the investment.
Jill Nolte is a director of Accucomp Limited. It becomes insolvent. For which of the following would Nolte be personally liable?
A) Amounts due from failure to pay for goods ordered by Accucomp B) For injury to a customer caused by the negligence of an Accucomp employee C) For income tax deducted from employee wages but not sent to the government. D) Both A and C E) All of the above
Ending inventory at the end of each period is given by ______.
a. Ending inventory = Beginning inventory of each period + Production in that period b. Ending inventory = Beginning inventory of each period + Production in that period – Forecasted demand in that period c. Ending inventory = Beginning inventory of each period – Production in that period d. Ending inventory = Beginning inventory of each period – Production in that period + Forecasted demand in that period