Objectives must be quantified in order to be useful.
Answer the following statement true (T) or false (F)
False
To develop a strategy for reaching its objectives, a company must quantify them. But despite most top managers' preference for verifiable objectives, they frequently do have nonquantifiable or directional goals. Incidentally, objectives do tend to be more quantified as they progress down the organization to the operational level, because, for the most part, strategies at one level become the objectives for the succeeding level.
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Which of the following would be included in the statement of cash flows in the financing activities section?
A. Issuing common stock in exchange for equipment will create a cash outflow in the investing activities section of the cash flow statement and a cash inflow in the financing activities section of the cash flow statement. B. Issuing a new class of common stock. C. Issuing common stock in exchange for land. D. Issuing common stock in exchange for a building.
As production decreases, fixed costs per unit will
A) increase. B) decrease. C) remain the same. D) either increase or decrease, depending on the variable cost.
Which of the following statements is false?
a. Normal losses which can be associated with a particular job, are charged (net of disposal)to that job. b. A job order cost system may produce both normal and abnormal losses. c. Normal losses, which can be anticipated, are included as a part of predetermined overhead. d. Abnormal losses are treated as product costs.
Market segmentation is best described as what type of process?
A. Static B. Regressive C. Evolving D. Normative E. Revolving