Recent Question

Describe the three primary factors that influence organizational design 1. Explain what is meant by the concept of organization design, and specify the extent to which this process requires assessing factors internal and/or external to the organization in order to be effective. 2. Describe the three primary factors that influence organizational design decisions and how these combine to result in a functional organizational design. ...

Other / Other 07 Apr 2016

Which purpose of cost allocation is used to decide on the selling price 1. All of the following illustrate purposes for allocating costs to cost objects EXCEPT a. to provide information for economic decisions. b. to motivate managers and employees. c. to determine a selling price the market will bear. d. to measure income and assets for reporting to external parties. 2. The costs of all six value-chain functions should be ...

Other / Other 07 Apr 2016

A customer cost hierarchy may include distribution-channel TRUE/FALSE 1. There are two elements that influence customer profitability – revenues and costs. 2. Companies that only record the invoice price can usually track the magnitude of price discounting. . 3. An activity-based costing system may focus on customers rather than products. 4. A customer cost hierarchy may include distribution-channel costs. ...

Other / Other 07 Apr 2016

Customers making large contributions to the profitability THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 1 THROUGH 3. The Hassan Corporation has an Electric Mixer Division and an Electric Lamp Division. Of a $20,000,000 bond issuance, the Electric Mixer Division utilized $14,000,000 and the Electric Lamp Division utilized $6,000,000 for expansion. Interest costs on the bond totaled $1,500,000 for the year. 1. What amount of interest ...

Other / Other 07 Apr 2016

All of the following are advantages of the functional design 1. All of the following are advantages of the functional design except: a. employees easily understand it b. employees have direct contact with customers c. it permits clear identification and assignment of responsibilities d. employees within each unit communicate openly 2. Which of the following describes a circumstance for which a functional organization design ...

Other / Other 07 Apr 2016

The possible disadvantages of the product design 1. The multidivisional design is most closely related to the ____ design. a. network b. place c. product d. functional 2. The advantage of the multidivisional design is: a. integrating mechanisms can be used to deal with technological complexity b. a firm will have fewer managerial personnel c. there will be less duplication of function across divisions d. expertise and k ...

Other / Other 07 Apr 2016

A favorable sales-quantity variance would MOST likely be caused 1. The sales-mix variance will be favorable when a. the actual contribution margin is greater than the static-budget contribution margin. b. actual unit sales are less than budgeted unit sales. c. the actual sales mix shifts toward the less profitable units. d. the composite unit for the actual mix is greater than for the budgeted mix. 2. An unfavorable sales ...

Other / Other 07 Apr 2016

For external reporting, inventoriable costs under GAAP TRUE/FALSE 1. Indirect costs are costs that cannot be traced to cost objects in an economically feasible way. 2. To motivate engineers to design simpler products, costs for production, distribution, and customer service may be included in product-cost estimates. 3. For external reporting, inventoriable costs under GAAP sometimes include R&D costs. 4. Today, ...

Other / Other 07 Apr 2016

Advantages of the network design 1. In a network design organization, communication is: a. more lateral than vertical b. widely shared c. open d. all of these describe communication in a network design 2. Another name for the network-designed organization is a ____ organization. a. multidivisional b. multinational c. virtual d. product 3. The ____ design subcontracts some or many of its operations to other fi ...

Other / Other 07 Apr 2016

The extent to which organizations treat their employees 1. ____ refers to the various ways of dividing up tasks and labor to achieve goals. a. Division of labor b. Hierarchy of authority c. Rules and procedures d. Chain of command 2. The term ____ is used to refer to preset sequences of steps that managers and employees must follow in performing tasks and dealing with problems. a. rules b. strategies c. tactics d. proc ...

Other / Other 07 Apr 2016