A method of allocating merchandise cost that assigns the most recent purchased costs to the ending inventory shown on the balance sheet is called the
a. last-in, first-out method.
b. first-in, first-out method.
c. specific identification method.
d. weighted-average method.
b
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Practical standards are the most effective standards for controlling and motivating workers
Indicate whether the statement is true or false
To say that sensemaking is retrospective means ____________?
a. We make sense of something as it is elapsing and we are constantly reviewing the sense we make in terms of additional sense-data b. We don’t know what we do until someone else makes sense for us c. Most of the time we act irrationally but we try to make sense of it by pretending that we are being rational d. All of the above
Scenario C: The Nagoya Precision Drill Company has just begun to initiate major changes in its manufacturing processes. There has been some resistance among employees to these changes, but middle management has developed some specific approaches to enlist their cooperation:1. Management will hold a series of small-group discussions in which they will explain why the changes are being made.2. A few leading workers known for their resistance to change have been appointed to serve as employee liaisons on the change leadership team.3. A vacation-time bonus will be awarded to employee groups who meet the organization's timeline for implementing the changes.4. If any employees consistently cause their work groups to fall behind schedule, they will be given the choice of either adapting to the
new program or finding some other place to work.If any employee at Nagoya Precision Drill consistently causes his or her work group to fall behind schedule, that person will be given the choice of either adapting to the new program or finding some other place to work. Thus the company leadership is attempting to manage resistance to change by means of A. explicit and implicit coercion. B. facilitation and support. C. negotiation and rewards. D. manipulation and cooptation. E. education and communication.
Miranda is a cashier at Super Store. Saturday is their busiest day. She tells her supervisor Sam that she needs to be off every Saturday because that is the religious holiday for the religion to which she has recently converted. What are Sam's obligations to Miranda?
a. He has an absolute obligation under the law to let her off every Saturday unless he can prove that she is not using the time for religious observance. b. He cannot fire her based on her religious beliefs, but he has no duty to let her off on the busiest day of the week. c. Under the law, he must allow her to be off as requested, but only if she can establish that under the tenants of her religious beliefs she is doomed if she does not attend worship services regularly. d. He must make reasonable accommodations for her unless doing so would cause undue hardship on the business.