The labor costs that have been identified as indirect labor should be charged to

A) manufacturing overhead.
B) direct labor.
C) the individual jobs worked on.
D) salary expense.

An example of an internal control is NOT:

A) the use of bank account.
B) the use of unnumbered checks.
C) all checks written must have reference source documents.
D) All of these answers are correct.

A motivation for becoming an entrepreneur is the desire for improved quality of life.

Distributors,wholesalers,and retailers:

A) may provide valuable services and a better price than the manufacturer.
B) typically cannot deliver at a lower cost than the manufacturer.
C) typically carry a very limited supply in an effort to keep inventory costs low.
D) have an indefensible value proposition in the typical modern supply chain.
E) never add enough value to a buyer to make it worth doing business with them.

A student spends all of her income on pizza and books.When pizzas cost $3 each and books cost $10 each, she consumed 30 pizzas and 3 books per month.The price of pizzas fell to $2.90 each while the price of books rose to $11 each.The price change

A) made her worse off.
B) left her exactly as well off as before.
C) left her at least as well off as before and possibly helped her.
D) might have helped her, might have harmed her.We can't tell which unless we observe what she consumed after the price change.
E) had the same effect as a $3 increase in her income.

In the context of inspirational leadership theories, which of the following is true of transformational leaders?

A) They rely on their personal attributes instead of their official position to manage followers.
B) They use rewards and punishment to strike deals with followers and shape their behavior.
C) They have great concern for people and little concern for production.
D) They attempt to balance a concern for people and production without a commitment to either.