A major accounting contribution to the managerial decision-making process in evaluating possible courses of action is to | | a) | assign responsibility for the decision. | | | b) | determine the amount of money that should be spent on a project. | | | c) | decide which actions that management should consider. | | | d) | provide relevant revenue and cost data about each course of action. | Question 2 | | 0 / 1 point | Which is the first step in the management decision-making process?
Which of the following inventories carried by a manufacturer is similar to the merchandise inventory of a retailer? a. Raw materials. b. Work-in-process. c. Finished goods.
(p. 191) ______________ theory is typically associated with greater profits. a. Signaling b. Compensating wage differentials C. Efficiency wage d. Human capital 4. (p. 193) Implications of _______________ theory are that pay level affects an employer's ability to recruit.
Determining the effective capacity of a resource over some period of time 3. Which of the following is an input to the master production schedule (MPS)? The aggregate plan 4. Which of the following is an input file necessary to run an MRP program? Bill of materials (BOM) file 5.
* WBS Milestone Gantt. * WBS w/Resources Leveled. * Network Diagram. * Cost Management Reports. * Project Quality Control Sign off Sheets.
ACC 401 WEEK 10 QUIZ ACC 401 Week 10 Quiz, ACC 401 Week 10 Quiz – Strayer Chapter 14 Reporting for Segments and for Interim Financial Periods 1. A component of an enterprise that may earn revenues and incur expenses, and about which management evaluates separate financial information in deciding how to allocate resources and assess performance is a(n) a. identifiable segment. b. operating segment. c. reportable segment. d. industry segment.
Chapter 3 Market Demand, Supply, and Elasticity After reading chapter 3, MARKET DEMAND, SUPPLY, AND ELASTICITY, you should be able to: • • • • • • • • Discuss the Law of Demand and draw a Demand Curve. Distinguish between a Change in Demand and a Change in Quantity Demanded. List and explain the factors that will shift a demand curve. Explain the Law of Supply and draw a Supply Curve. Distinguish between a Change in Supply and a Change in Quantity Supplied.
10. Question: (TCO 2) Action Corporation uses activity-based costing to apply overhead to jobs within a job-order costing system. The following overhead activities were budgeted for the year. ACCT 344 Week 2 Quiz 1. Question: (TCO 3) The appropriate cost accounting system to use when inventory items are produced on an assembly line is 2.
The demand for labor is a “derived demand.” What does that mean? Explain how this derived demand depends on the productivity of a worker and the value of the product produced by a worker. Use the terms “average productivity,” “marginal productivity,” and “the law of diminishing marginal productivity” in your explanation. Provide examples that consider issues like: • the impact of consumer demand on a product for the demand for labor that produces that product; • the impact of different kinds of labor skills on the demand for a particular level of labor skill; • on the impact of additional other resources (like capital or land) on the demand for labor that produces a product; and • The impact of technological innovation (including skill-oriented, knowledge-oriented, and device-oriented innovation). Derived demand is a term used in economic analysis that describes a physical or intangible thing where a market exists for both related goods and services in question.
In this essay I will explain how labour is organized in the capitalist mode of production according to Marx and then go on to discuss how Marx thinks labour is exploited and give real world examples that back up his point. Labour according to Marx is organized into two classes[Marx and Engels:1848:pp 220] , bourgeoisie of whom can be described as the owners of the means of production and proletariat who own only their labour power, employed by these owners. Capitalists produce commodities for exchange market, which they sell at a price greater than the cost of labour but must also remain competitive, and therefore will try to cut labor costs[Marx and Engels:1848:pp224]. Proletariat are nothing but there ability to work so have to work for the bourgeoisie to survive .They produce commodities, they have two values which are there use value that is what they are worth to you and an exchange value which is the value in which you exchange for other commodities and will only be produced if they produce a profit when exchanged. The bourgeois are on a continual pursuit to be more productive and generate more profit with little regard for proletariat.