In the appropriate order,the stages of development that teams often go through are:
A) forming,storming,norming,performing,adjourning B) forming,performing,storming,norming,adjourning C) storming,forming,norming,performing,adjourning D) forming,norming,performing,storming,adjourning
A systematic approach in analysing the product and process design, with the aim of eliminating any non-value-added elements, to achieve the target cost is known as:
A) component level target costs. B) value engineering. C) strategic cost reduction. D) cost reduction objective.
When a contingent consideration arising from a business combination is classified as a liability, how is any change in its fair value as a result of new information about the facts and circumstances that existed at the acquisition date accounted for if identified and measured within one year subsequent to the acquisition date?
A) As an adjustment to the consideration paid for the subsidiary. B) As an adjustment to an estimate included in the determination of net income. C) As a direct adjustment to consolidated retained earnings. D) As an adjustment to consolidated contributed surplus.
Statement I: By law,the federal government must balance its budget every year. Statement II: Between 1970 and 1997 we ran Federal budget deficits every year.
A) Statement I is true and statement II is false. B) Statement II is true and statement I is false. C) Both statements are true. D) Both statements are false.
Assume that sufficient time is available on the constrained machine to satisfy demand for all but the least profitable product.Up to how much should the company be willing to pay to acquire more of this constrained resource?
A) $15.60 per minute B) $13.10 per minute C) $104.52 per unit D) $27.36 per unit