Jacob Patel

question What distinguishes between a favorable variance and an unfavorable variance? answer A favorable variance has a result of increasing operating income relative to the budgeted amount. An unfavorable variance has a result of decreasing operating income relative to the budgeted amount question What is the relationship between management by exception and variance analysis? answer […]

question Behavior answer Multiple elements work on individuals to affect their behavior. While an individual may intend to do the right thing, oranizational or social forces can alter this intent. question Business Ethics and Age answer The relationship between business ethics and age is complex, although experience leads to better ethical decision making. question Competition […]

question Which two types of terrorism does the Federal Bureau of Investigation define as occurring in the United? States? A. Chemical and biological B. Violent and intimidation C. Domestic and international D. Psychological and economic answer C. Domestic and international question Which of the following is a consideration when responding to a terrorist? incident? A. […]

question Business ethics refers to principles and standards that define acceptable conduct in business organizations. answer TRUE question Ethics and social responsibility mean the same thing. answer FALSE question Nearly all business decisions may be judged as right or wrong, ethical or unethical. answer TRUE question The most basic ethical concerns have been formalized through […]

question Name the three major characteristics of a bureaucracy. answer Hierarchical authority, Job specialization, formalized rules question Characteristic of a bureaucracy. Can speed action by reducing conflict over who has power. answer Hierarchical authority question Characteristic of a bureaucracy. Promotes efficiency because each person in the organization is required to focus on one job. answer […]

question One of the key functions of human resource management is: a. departmentalizing. B. recruiting. c. budgeting. d. auditing. answer B. Recruiting question Which of the following statements best describes the current view of the role of human resource management within a firm? a. Human resource management is largely a clerical function that involves keeping […]

question Agents answer The people or organizations who participate in business events, such as customers and salespeople. question Events answer Classes that model the organization’s transactions, usually affecting the organization’s resources, such as sales and cash receipts. question Finished Goods Inventory answer For a manufacturing company, the inventory (REA resource) that has completed the manufacturing […]

question labor union answer An organization of workers that tries to improve working conditions, wages, and benefits for its members question strike answer Nonviolent refusal to continue to work until a problem is resolved. question mass production answer Process of making large quantities of a product quickly and cheaply question interchangeable parts answer 1799-1800 – […]

question What did strong countries gain from imperialism? answer – Economic gains – Political power – Military strength question Three reasons American supported imperialism answer – Economic competition with other industrialized nations – Desire for military strength – Belief that people of the United States were better than people of other countries question How did […]

question True or False: Eating one large meal per day is the best way to maintain your health answer False question Which of these is not a result of regular exercise? answer Causing your heart to wear out faster question Time management can help you answer Reach your long-term and short-term goals, minimize stress, and […]

question In studying the legal environment of business, Professor Dooley’s students also review ethics in a business context. Ethics includes the study of what constitutes: answer fair or just behavior question Mariah works in the public relations department of New Trends Sales Company. Her job includes portraying New Trends’s activities in their best light. In […]

question Management is a process answer or coordinating resources to achieve objectives question managers need adequate____ resources to pay for essential activities answer financial question all of the following are typical resources that must be acquired by each organization in the pursuit of its objectives except answer laws and regulations question managers need adequate___ resources […]

question a form of business ownership with a single owner who usually actively manages the company answer sole proprietorship question a voluntary agreement under which two or more people act as co-owners of a business for profit answer partnership question a partnership in which all partners can take an active role in managing the business […]

question The general partnership avoids the problem of double taxation experienced by ?, because earnings of partnerships are taxed only as income of the ?, with no separate tax on the income of the ?. answer C corporations; partners; business question When comparing a nation’s balance of trade with its balance of payments, it is […]

question Business marketing answer is the marketing of goods and services to individuals and organizations for purposes other than personal consumption. question three primary marketing goals of U.S. business marketers answer are customer acquisition (62 percent), creating brand awareness (19 percent), and customer retention (12 percent).1 question business-to-business electronic commerce answer The use of the […]

question How can a business leader create an environment of transparency? – By acknowledging the concerns of employees – By being unavailable to stakeholders – By interpreting business values subjectively – By establishing closed communication structures – By not admitting mistakes to subordinates answer By acknowledging the concerns of employees question In the business world, […]

question The objectives of internal control for an inventory management process are to provide assurance that transactions are properly authorized and recorded and that a. independent internal verification of activity reports is established b. transfers to the finished goods department are documented by a completed production report and a quality control report c. production orders […]

question Morse v. Frederickson answer Schools may safeguard students from things against school policy. The event (Frederickson brought banner “BONG HITS FOR JESUS” pep rally) occurred during schools hours, and district’s student-conduct applied. question Tinker v. Des Moines Independent Community School District answer The Supreme Court recognized that wearing of an armband for expressing certain […]

question The relationships among ecological, social, and economic systems in sustainable environments need to be: answer interdependent question The stakeholder model requires businesses to think about: answer the network of tensions caused by competing demands question Stakeholder theory pushes managers to be clear about how they want to do business, so it encourages: answer recognition […]

question an individual accounting record of increases and decreases in specific asset, liability, stockholder’s equity, revenue or expense items answer account question the system of collecting and processing transaction data and communicating financial information to decision makers answer accounting information system question events that require recording in the financial statements because they affect assets, liabilities, […]

question The point where the sales line and the total costs line intersect on the cost-volume-profit chart represents: answer the break-even point question The three most common cost behavior classifications are: answer fixed costs, variable costs, and mixed costs question Cost behavior refers to the manner in which: answer a cost changes as the related […]

question Which PowerShell cmdlet is used to add a new dedicated IP to an NLB cluster node? answer Add-NlbClusterNodeDip question To configure an NLB cluster after installing NLB on the Windows Server 2012 R2 computer, you must configure three types of parameters. Which of the following is not one of the three you must configure? […]