Question 111

Which type of bond sells at a discount from face value, then increases in value annually until it reaches maturity and provides the owner with the total payoff?
  • Question 112

    An organization with an annual demand of 25.000 units correctly computes its economic order quantity to be 1,000 units Its safety stock is 300 units and the lead time is two days If there are 250 production days in a year what is the reorder point1?
  • Question 113

    Which of the following statements is correct regarding corporate compensation systems and related bonuses?
    1) A bonus system should be considered part of the control environment of an organization and should be considered in formulating a report on internal control.
    2) Compensation systems are not part of an organization's control system and should not be reported as such.
    3) An audit of an organization's compensation system should be performed independently of an audit of the control system over other functions that impact corporate bonuses.
  • Question 114

    According to Maslow's hierarchy of needs theory, which of the Mowing best describes a strategy where a manager offers an assignment to a subordinate specifically to support his professional growth and future advancement?
  • Question 115

    Which of the following is a primary objective of the theory of constraints?