A(n) ____ model finds the best solution, usually the one that will best help individuals or organizations meet their goals.
A. optimization
B. goal-seeking
C. dashboard
D. what-if
Answer: A
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Assume that Division J has achieved income from operations of $165,000 using $900,000 of invested assets. If management desires a minimum rate of return of 8%, the residual income is:
A) $72,000 B) $13,200 C) $185,000 D) $93,000
The First Amendment to the U.S. Constitution protects corporate political speech, but not corporate commercial speech
Indicate whether the statement is true or false
Gill Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost
At the beginning of the year, Gill estimated total manufacturing overhead costs at $1,010,000 and total direct labor costs at $840,000. In June, Gill completed Job 511. The details of Job 511 are shown below. (Round to 2 decimal places.) Direct materials cost $23,500 Direct labor cost $13,000 Direct labor hours 300 hours Units of product produced 500 units How much was the total job cost of Job 511? (Round any percentages to two decimal places and your final answer to the nearest dollar.) A) $36,860 B) $52,100 C) $64,700 D) $37,100
Fiona writes a check "pay to the order of Gerri" drawn on Fiona's account at Hearthstone Bank. Gerri presents the check for payment to Hearthstone, which accepts it. Primarily liable on the check is A) Fiona
B) Gerri. C) Hearthstone. D) none of the choices.