Which of the following is the operative function of HRM? a. Directing b. Organizing c. Compensation d. Planning
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- 45 Management accounting techniques like marginal costing, differential costing, and discounted cash flow are applied for ______________ function of management. a. Decision making b. Planning c. Controlling d. Coordinating1. Mr.Salim, the production manager in a company, is conducting a monthly analysis to compare the actual performance of his team with the standards and plans. This is relating to the management function of ________ a. Organizing b. Directing c. Planning d. Controlling 2. Mr. Bareed, the HR manager of AL Maha Company sends an e mail to Mr. Saalim working in Sales department. Mr. Saalim is the ________ a. Sender b. Worker c. None of the options given d. Receiver1. Which is a function of management? a. Planning strategy and tactics. Ob Selection of personnel. b. Oc. Firing of personnel. Od. All of the above.
- 16. An operational plan can be defined as a plan prepared by a component of an organization that clearly defines actions it will take to support the strategic objectives and plans of upper management. (True/ False)10.a. In a shop that participates in a formalized preventative maintenance program, the _______ isresponsible for adjusting the PM schedule when a component fails more frequently than its currentinspection interval.A. maintenance engineerB. program administratorC. shop general foremanD. shop supervisor10.b. Which one of the following isn’t a goal of a PM program?A. Limit downtimeB. Save a company money on maintenance so that the cost of its products stays competitiveC. Keep a machine running within its specificationsD. Use fewer repair parts and less time to install those parts10.c. Which of the following tasks is an uptime PM task that can be performed while the machine is runningduring production?A. Checking the motor starter contacts for burned and pitted areasB. Checking for excess noise or vibration on the machineC. Checking the condition of the couplingD. Tightening electrical connections14- HRM environment can be understood as ____________. a. Collection of situations surrounding HRM functions b. All the options c. Collection of effects surrounding HRM functions d. Collection of events surrounding HRM functions
- Product-Profitability Analysis; Scarce Resources Creighton Corporation produces a varietyof consumer electronic products. Unit selling prices and costs for three models of one of its productlines are as follows:[LO 11-7]No Frills Standard Options SuperSelling price $40 $70 $86Direct materials 10 14 16Direct labor (@ $20/hour) 10 20 30Variable overhead 3 6 9Fixed overhead 3 6 6Variable overhead is charged to products on the basis of direct labor dollars; fixed overhead isallocated to products on the basis of machine hours.Required1. What is fundamentally different about the fixed versus variable overhead assigned to products?(Answer the question within the context of the relevance of this difference to the determination ofshort-term product mix.)Product-Profitability Analysis; Scarce Resources Creighton Corporation produces a varietyof consumer electronic products. Unit selling prices and costs for three models of one of its productlines are as follows:[LO 11-7]No Frills Standard Options SuperSelling price $40 $70 $86Direct materials 10 14 16Direct labor (@ $20/hour) 10 20 30Variable overhead 3 6 9Fixed overhead 3 6 6Variable overhead is charged to products on the basis of direct labor dollars; fixed overhead isallocated to products on the basis of machine hours.Required2. Calculate for each product both the gross profit per unit and the contribution margin per unit. (Roundanswers to 2 decimal places, e.g., $15.459 = $15.46.) Are either of these profitability measures usefulfor planning the optimum short-term product mix? Explain.Product-Profitability Analysis; Scarce Resources Creighton Corporation produces a varietyof consumer electronic products. Unit selling prices and costs for three models of one of its productlines are as follows:[LO 11-7]No Frills Standard Options SuperSelling price $40 $70 $86Direct materials 10 14 16Direct labor (@ $20/hour) 10 20 30Variable overhead 3 6 9Fixed overhead 3 6 6Variable overhead is charged to products on the basis of direct labor dollars; fixed overhead isallocated to products on the basis of machine hours.Required7. What is the primary role of the management accountant in terms of planning the optimum short-termproduct mix?
- How effective recruitment and selection can help achieve organizational objectives? Also mention the process of selection in Inter Services Selection Board. [ISSB).Product-Profitability Analysis; Scarce Resources Creighton Corporation produces a varietyof consumer electronic products. Unit selling prices and costs for three models of one of its productlines are as follows:[LO 11-7]No Frills Standard Options SuperSelling price $40 $70 $86Direct materials 10 14 16Direct labor (@ $20/hour) 10 20 30Variable overhead 3 6 9Fixed overhead 3 6 6Variable overhead is charged to products on the basis of direct labor dollars; fixed overhead isallocated to products on the basis of machine hours.Required5. How can the optimum product mix be determined when there are only two products and one or moreconstraints?2. What features V Good Presentation Bad Presentation of the 'G ood Minimum Wage Minimum Wage 1960: $1.00 Presentation' 1970: $1.60 make it better 2 1980: $3.10 than the Bad 1990: $3.00 1960 1970 1980 1990 Presentation'? A. Bad Presentation Good Presentation Quarterly Sales Quarterly Sales 200 100 25 01 02 03 04 01 02 03 04 В.