The spending variance for occupancy costs for the month is:

A) $2,110 U
B) $2,990 U
C) $2,990 F
D) $2,110 F

Crisis management teams are composed of both hourly and managerial employees who develop action plans to respond to violent situations.

A market in which profit opportunities are eliminated almost instantaneously is

A) a laissez-faire market.
B) a capitalist market.
C) a socialist market.
D) an efficient market.

Technics Inc., a manufacturing company, utilizes job order costing. Each division establishes its own estimates regarding overhead, which are as follows: If Division A allocates overhead on the basis of machine hours and Division B allocates overhead as a percentage of direct labor costs, what would the predetermined overhead rate be for each division?

___ is a technique that makes use of external comparisons to better evaluate one's current performance and identify possible actions for the future.

A) Contingency planning
B) Scenario planning
C) Forecasting
D) Management by objectives
E) Benchmarking

Harvest Moon Company has total Assets of $37,000. If $2,000 cash is used to purchase a new computer, the total Assets would be:

A) $37,000.
B) $35,000.
C) $39,000.
D) $2,000.