A+ Answers of the following Questions

1. Dan Unowsky assigns his computer repairers four task: customer service, replacement of broken parts, clean-up of equipment, and sale of used equipment to customers. If the company provides a 10% commision for all sales made ny employees, then:
employees will clearly emphasize the clean-up task.
employees may ignore other task when faced with a protential sale.
replace of broken parts will clearly be favored by employees.
the entire production process wil be sped up by the sales incentive.

2. If D represents the level of decentralization of corporate decision-making, then Benefits=B*D and Costs = A*D + C*D2. The optimal level of decentralization occurs where the:
horizontal distance between benefits and costs is greatest.
vertical distance between benefits and costs is greatest.
sum of the squares of the distance between benefits and costs is minimized.
level of benefits is greatest.

1. Competitive markets usually promote th efficient use of resources. This is because:
resource owners bear the wealth effects of their decisions.
managers always have the proper incentives to make decisions.
consumers usually provide the lists of corporate mistakes.
markets usually equitable choices firs.

2. Functional (U-Form) organizations work best in:
large, geographically spread-out companies.
companies with many products.
small, speialized companies.
industries with rapidly changing technology.

3. Firms grant decision rights to teams of employees for all of the following rasons except to:
manage activities
make products.
make basic investment decisions.
recommend actions.

4. Jobs have at least two important dimensions:
tasks and uncertainty.
tasks and decision authority.

uncertainty and decision control. 
decision authority and decision control.

1. Informal understanding about the quality of product components is a key to the relationship between most companies and their suppliers. This is a good example of:
an implicit contract.
an explicit contract.
a principal/agent conflict resolution.
an adverse selection problem.

2. A job in sales-such as sales representative for an agricultural chemical company – usually represents:
many task and little sales authority.
few task and very a lot of sales authority.
many tasks and a lot of sales authority.
few task and a lot of sales authority.

3. One of problems with making all the decisions at the top of a business organization is costliness of: 
specific information.
general information.
advance technology.
market power.

1. If a child swallows any portion of a poisonous plant, a caregiver should immediately
A. administer syrup of Ipecac.
B. call the poison control center with the plant in hand.
C. use the Heimlich maneuver to help the child cough up the plant.
D. have the child lie down and apply cold compresses.

2. The most important consideration when installing playground equipment is
A. cost.
B. height.

C. finishing materials.

D. surface materials.

3. What are the three methods by which HIV and AIDS are usually transmitted?
A. Sex, food, and drink
B. Breastfeeding, sexual intercourse, and shared blood
C. Air, water, and shared bodily fluids
D. Skin contact, sexual intercourse, and shared clothing

1. If total assets are $6,000, what is the common-size figure of cash, assuming that cash has a balance of $2,400?
A. 60.0%
B. 120.0%
C. 100.0%
D. 40.0%

2. By not accruing warranty expense, 
A) reported expenses will be overstated, and reported liabilites will be understated
B) reported expenses will be understated, and net income will be understated) reported liabilities C C) will be overstated, and net income will be understated
D) reported liabilities will be understated, and net income will be overstated

3. The relevant variable a financial manager uses to measure returns is: (Points : 1) 
net income determined using generally accepted accounting principles.
earnings per share minus dividends per share.
cash flows.

dividends.