Why is it important that a manager's evaluation be based only on those revenues and costs that he or she can control?
It is important that a manager's evaluation be based only on those revenues and costs that he or she can control because a manager's compensation is usually tied directly to his or her performance. If an event uncontrollable by a manager occurs and negatively impacts revenues and/or costs within the manager's area of responsibility, an otherwise competent manager may appear incompetent and, therefore, not receive the compensation that he or she rightfully deserves. This type of action adversely affects employee morale and, therefore, the organization as a whole.
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A ________ is a translation of the brand mantra that attempts to creatively engage consumers and others external to the company
A) brand vision B) brand extension C) brand architecture D) brand slogan E) brand alliance
Use the information in the adjusted trial balance presented below to calculate the current ratio for Wicked Wicker Company: Account TitleDr. Cr.Cash$80,000? Accounts receivable 35,000? Prepaid insurance 14,200? Equipment 290,000? Accumulated depreciation-Equipment $145,000? Land 114,000? Accounts payable 36,000? Interest payable 7150? Unearned revenue 10,700? Long-term notes payable 87,000? Retained earnings 247,350? Totals$533,200? $533,200?
A. 2.30. B. 2.12. C. 0.42. D. 2.40. E. 2.14.
If you want to manufacture products in small batches with high quality, low costs, and in a flexible manner, you would choose a ______.
A. cellular layout B. process layout C. product layout D. continuous layout
The Laurel Company reported the following data for last year: Decrease in the Cash account $25,000 Net cash provided by operating activities 20,000 Net cash provided by investing activities 15,000 Based solely on this information, the net cash flows from financing activities on the statement of cash flows would be:
A) $2,000. B) $(30,000). C) $(60,000). D) $(8,000).