Answer the following statements true (T) or false (F)
The Chartered Financial Analysts’ business reporting model for equity investors shows a preference for relevance over reliability.
ANSWER: T
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Win Shield International manufactures trophies. Each trophy goes through two departments in the production process and requires two direct labor hours in Department A and one hour in Department B. Labor cost is $8 per hour in Department A and $10 per hour in Department B. Assuming the amount budgeted to be produced in March is 30,000 units, what is the budgeted direct labor cost of Win Shield for
March? A) $810,000 B) $840,000 C) $780,000 D) $540,000
Which of the following is a possible disadvantage of JIT?
a. It makes the company focus on quality. b. It requires a highly-skilled workforce. c. It makes a company dependent on certain suppliers. d. It can only work for larger companies. e. All of the answers are correct.
Whenever there is an errand to run around lunchtime, Abdul always volunteers. His boss thinks this is because Abdul is a highly motivated, ambitious worker, but in fact something quite different is happening: Abdul has a crush on a young woman from the same office complex who always eats her lunch in the courtyard, so those lunchtime errands give him a chance to see her and, if he is lucky, talk to her. The boss is subject to the
A. self-serving bias. B. gambler's fallacy. C. ratio bias effect. D. anchoring error. E. fundamental attribution error.
What document do most title companies require when a corporation is selling property to another?
A)?A copy of the corporation's bylaws B)?The corporation's registration with the Securities Exchange Commission C)?A board resolution D)?All of the above are generally required