Question activity-based costing and bottom-up budgeting share the step

Answers:

a. to specify expectations for selling, purchasing, and production. 

Budgeting provides all of the following EXCEPT:

Answers:

Question #3 (25669)

Operating budgets include the:

d. expected cash flow statement.

Question #4 (25672)

b. $40,000.

c. $60,000.

Answers:

1. $20,000.

Question #1 (25655)

The FIRST step in developing strategic objectives for the Balanced Scorecard is:

d. select objectives for the customer value proposition.

Question #2 (25656)

b. $3.50.

c. $3.00.

Answers:

a. 2,000 units.

The purpose of the Balanced Scorecard is BEST described as helping an organization:

Answers:

Question #5 (25653)

Which of the followings are examples of management accounting information?

d. All of the above

RS001 Assessment Three (25.0%)

b. accurate.

c. consistent.

a. to allow management to implement their ideas.

b. for management to involve employees in the implementation.

Answers:

a. using a mix of short-term and quantitative performance measures.

After conducting a market research study, Stewart Manufacturing decided to produce a new interior door to complement its exterior door line. It is estimated that the new interior door can be sold at a target price of $120. The annual target sales volume for interior doors is 20,000. Stewart has a 20% expected return on sales target.

What is the target profit margin?

d. $360,000

Question #5 (25663)

b. $4,000,000

c. $2,400,000

Estimated manufacturing overhead (overhead) costs___$100,000
Actual manufacturing overhead costs___$120,000
Estimated machine hours___20,000
Actual machine hours___25,000

The only cost driver is machine hours.

c. $5.00 per machine hour.

d. $6.00 per machine hour.

a. $7,000.

b. $36,000.

Answers:

a. can only be used in manufacturing.

Establishing a base price for producing and delivering a standard quantity of each standard product is an example of:

Answers:

Question #5 (25662)

The pricing waterfall:

d. charts multiple types of customer costs.

RS002 Marketing Management (2018)

a. pleasurable experiences

b. competitive prices

When a company introduces a product at a very high price and then gradually drops the price over time, it is pursuing a ________ strategy.

Answers:

e. loss-leader pricing

Question #3 (25727)

c. Retailing deals only with goods; it does not include services.

d. Selling from a consumer's home is direct selling, but not retailing.

a. one-level channel

b. two-level channel

Which of the following is a characteristic of a service?

Answers:

e. A client's presence is not required for rendering a service.

RS002 Assessment One (25.0%)

b. distribution channel

c. supply chain

Answers:

a. the tactical marketing plan 

Question #3 (25678)

In the case of ________, consumers dislike the product and may even pay a price to avoid it.

d. negative demand

e. declining demand

b. Firms should just focus on production and selling because marketing occurs as a part of the selling process.

c. Firms should have a proper marketing team that can increase consumers' awareness of their products and rouse their interest in them.

Answers:

a. diversification growth 

RS002 Assessment Three (25.0%)

Question #1 (25730)

c. desirability

d. believability

a. positioning

b. product

The first step in the strategic brand management process is ________.

Answers:

e. growing and sustaining brand value

Question #4 (25731)

c. Brand logos

d. Brand alliances

1. high margin

b. low margin

Question #1 (25735)

Marketers embed covert messages in ads or packaging of which the consumers are not consciously aware, yet it affects their behavior. This technique employed by the marketers targets the ________ of a consumer.

d. voluntary attention

e. selective retention

b. market positioning

c. marketing effectiveness

Answers:

a. Frontline employees are less important than top management.

Question #4 (25734)

________ can track customer satisfaction directly, measure repurchase intention and also gauge a consumer's willingness to recommend the company and brand to others.

d. Customer focus statements

e. Sales summary reports

b. Organizational buying

c. Corporate retailing

Question #1 (25719)

In conducting aggregate operations planning there are a number of required inputs. Which of the following are considered inputs internal to the firm?

d. Competitor behavior and current workforce

e. Current physical capacity and raw material availability

b. To determine the amount of materials needed to produce each end item.

c. Stimulate the work force.

Answers:

a. Stable workforce, variable work hours

Question #4 (25718)

The main purpose of aggregate operations planning is to specify the optimal combination of which of the following?

d. The workforce level and the degree of automation

e. Operational costs and the cash flow to support operations

b. Work-in-process

c. Quality units

A reason for studying operations management (OSM) is which of the following?

Answers:

e. OSM is the most rigorous business discipline.

Question #2 (25705)

c. Delivery

d. Selecting

a. Department store manager

b. Project manager

The capacity focus concept can be put into practice through a mechanism called which of the following?

Answers:

e. Zero-changeover-time (ZXT)

Question #5 (25707)

c. Demand volatility

d. Utilization impacts service

Answers:

a. Proximity to customers

Question #2 (25715)

What transportation mode has very high initial investment costs but gives a very low cost per mile for products that are highly specialized and require no packaging?

d. Pipeline

e. Air

b. Regression

c. Moving average

Answers:

a. 60

Question #5 (25716)

Which of the following is an element that addresses elimination of waste under lean production?

d. Minimized run times

e. Full capacity utilization

a. Creation of the service

b. Customer contact

Which of the following is an analytical tool used in six-sigma quality improvement programs?

Answers:

e. Kaizen

Question #3 (25712)

c. Work Package

d. Sub-paths

a. A pizza delivery service

b. Purchasing a flower arrangement over the internet

An analytical tool used in six-sigma quality improvement programs is which of the following?

Answers:

e. Checksheets

RS004 Human Resources Management (2018)

a. executive coaches

b. HR managers

What term is used to describe any abnormal condition or disorder caused by exposure to environmental factors associated with employment?

Answers:

e. work-related disease

Question #3 (25699)

c. encouraging individual creativity

d. enforcing a firm's policies and regulations

a. codetermination

b. employment at will

The European Union is best described as a ________.

Answers:

e. political system for equalizing wages, benefits, and taxation

RS004 Assessment Four (20.0%)

b. normative judgments and legal precedents

c. morality and normative judgments

Answers:

a. Highly motivated workers rely equally on lower-level and higher-level needs.

Question #3 (25697)

The ________ form of union security means that the company can hire nonunion people, but those people must join the union within a prescribed period of time and pay dues.

d. open shop

e. maintenance of agreement

b. behavior modification

c. personal development

Answers:

a. basic beliefs about what is right or wrong within a business or corporation

RS004 Assessment One (20.0%)

Question #1 (25673)

c. outsourcing

d. leading

b. human resource performance systems

c. strategic human resource metrics

Answers:

a. mission statement

Question #4 (25674)

________ is the process of acquiring, training, appraising, and compensating employees, and attending to their labor relations, health and safety, and fairness concerns.

d. Behavioral management

e. Organizational health and safety management

b. short-term, motivational, attainable, relevant, and total

c. standardized, manageable, accurate, restrictive, and tested

Which of the following terms refers to helping new employees appreciate the values and culture of a firm?

Answers:

e. outplacing

Question #2 (25691)

c. forced distribution

d. narrative assessment

a. coaching

b. appraising

________ is a detailed study of the job to determine what specific skills the job requires.

Answers:

e. Development planning

Question #5 (25690)

c. revise their performance standards

d. enroll in work-related training programs

Answers:

a. lack of knowledge regarding a candidate's strengths

Question #2 (25685)

Which of the following terms refers to the background investigations, tests, and physical exams that firms use to identify viable candidates for a job?

d. personnel techniques

e. forecasting tools

c. job report

d. job description

b. job specification

c. job analysis 

Answers:

a. internal recruiting

RS005 Financial Management (2018)

RS005 Assessment Four (25.0%)

b. Bird-in-the-Hand Theory

c. Perfect capital markets

a. Bird-in-the-hand theory.

b. Information effect

Answers:

a. Alpha will pay $100,000 and receive 113,540,000 yen 30 days from now.

Which of the following would be an example of the "speculative motive" for a firm holding cash balances?

Answers:

Question #5 (25761)

Buying and selling in more than one market to make a riskless profit is called

d. Cannot be determined from the above information.

RS005 Assessment One (25.0%)

b. The opportunity cost of the lot is $250,000 and should be included in calculating the value of the project.

c. The cost of the lot for valuation purposes is $50,000 because land does not depreciate.

a. The U.S. Government sells 3-month Treasury Bills.

b. Microsoft common stock owned by an individual investor is sold to another investor.

Answers:

a. Higher risk investments must earn higher returns.

1) The five basic principles of finance include all of the following except:

Answers:

Question #5 (25742)

Williams Inc. has a current ratio equal to 3, a quick ratio equal to 1.8, and total current assets of $6 million. William's inventory balance is

d. $4,800,000.

RS005 Assessment Three (25.0%)

b. Direct material

c. Direct labor

a. 4.00 years

b. 3.09 years

Answers:

a. Corporate taxes and flotation costs.

Jones Company expects the following results in year one of a new project:

Revenue $400,000
Cash Expenses 150,000
Depreciation 90,000
EBIT $160,000
Taxes 48,000
Net Income $112,000

c. $160,000

d. $250,000

b. $29,850

c. $32,440

Answers:

a. Capital asset

Assume that an investment is forecasted to produce the following returns: a 20% probability of a 12% return; a 50% probability of a 16% return; and a 30% probability of a 19% return. What is the expected percentage return this investment will produce?

Answers:

Question #3 (25747)

The minimum rate of return necessary to attract an investor to purchase or hold a security is referred to as the

d. Risk-free rate

Question #4 (25743)

c. $548

d. $687

b. The holder can convert these bonds into an equal number of new bonds if they choose to do so.

c. These bonds are convertible into common stock of the issuing firm at a prespecified price.

The first step in TOC methodology is to:

Answers:

Question #2 (25780)

Termination by addition occurs when:

d. New members join the project team once the project has begun and their skills are insufficient to successfully complete the project.

Question #3 (25779)

c. Cost performance index.

d. Schedule performance index.

b. The amount of resources required as a function of time.

c. The amount of time needed as a function of money.

a. Availability of key personnel

b. Loss of project-derived motivation

Which of the following does NOT constitute an impact of organizational culture on project management?

Answers:

Question #2 (25762)

Which of the following is accomplished through project management?

d. A retailer restocks the shelves after a day of brisk sales.

Question #3 (25765)

c. Project structure.

d. Process structure.

b. Politician

c. Cheerleader

a. Fire the unprofessional project managers.

b. Hire professional project managers.

Which of the following is a direct cost?

nswers:

Question #2 (25775)

One reason for crashing a project is:

d. There are no repercussions for delivering the project late.

Question #3 (25776)

c. $740 

d. $720

b. Identifying activities that consumer resources and assigning costs to them.

c. Assigning costs to projects by multiplying the cost driver rate times the volume of units.

a. About 10 days

b. About 14 days

Question #1 (25769)

Everyone in the Tagi tribe agreed to vote out Gervasse at the next tribal council. Their 39-day project to make it to the final four together was two steps away from completion. This project group is in the:

d. Norming stage of group development.

Question #2 (25767)

c. Scope management is accomplished in a single step by any one project team member.

d. Scope management can begin once a project hits operational level.

b. Risk mitigation.

c. Analysis of probability and consequences. 

a. Ownership. 

b. Identify.

Maturity 0.5 Cost 0.3
Complexity 0.2 Schedule 0.1
Dependency 0.3 Reliability 0.4
Performance 0.4

Answers: