A cash register tape would be a source document for which of the following?
a. recording a purchase of inventory on credit
b. recognizing a cash sale
c. recording an invoice
d. recording payroll
b
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Direct operating margin percentage is determined by the following process:
a. Divide departmental direct operating margin by departmental net sales. b. Divide departmental expenses by departmental gross profit. c. Divide departmental direct operating margin by departmental gross profit. d. Divide departmental direct operating margin by departmental cost of goods sold. e. Divide departmental net sales by departmental direct operating margin.
The grapevine in an organization
a. is less accurate than other channels. b. serves a necessary purpose; thus, managers should work to understand its functioning. c. passes a message in single file from person to person until it finally reaches the end of the line. d. has a single, consistent source.
In the earliest years of our country's formation, work was characterized as:
A. Skilled industrial jobs. B. Craft workers employed by factories and shop owners. C. Self-employed farmers, shopkeepers and craftsman. D. Unskilled industrial jobs.
Sustainable development means weaving environmentalism throughout the business decision-making process.
Answer the following statement true (T) or false (F)