Which of the following terms best identifies the function of standard costs where any deviation from standards can be quickly detected and responsibility pinpointed so appropriate action may be taken?
a. Management by exception
b. Contribution approach
c. Marginal costing
d. Standardized accounting system
a
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The ______ is a performance appraisal checklist form on which a manager simply rates performance on a continuum such as excellent, good, average, fair, and poor.
A. graphic rating scale form B. management by objectives method C. critical incidents method D. narrative method or form
Managers believe employees will work hard when they feel commitment to the organization.
z is a standard normal random variable. The P (-2.20 
z
2.20) equals
A. 0.9645. B. 0.0355. C. 0.0278. D. 0.9722.
Which of the following statements is TRUE of appeals in the Canadian court system?
A) an appeal against the decision of a trial court of a province can be filed in the court of appeal of any other province B) appeal court judges seldom have the power to reverse the decision of a lower court C) appeals are based on matters of law D) the parties are often allowed to challenge findings of fact made by a trial court E) most appeals are successful as the lower courts often make errors