Which of the following statement i s NOT accurate? Financial statements serve a number of purposes:
A) from a lender's perspective they often form the basis for covenant restrictions.
B) financial ratios are useful for planning and budgeting purposes
C) financial ratios are only useful when using book values because market values change almost continuously and distort manager's intentions.
D) the ROE measure helps us to understand how well we are rewarding our investors.
C
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Which of the following is NOT one of the four key tasks that Wheeled Coach insists are necessary for successful MRP implementation?
A) The material plan must meet both schedule requirements and facility capabilities. B) The plan must be executed as designed. C) Inventory investment must be minimized. D) Excellent record integrity must be maintained. E) The process must adhere to stringent quality control standards.
The basic assumption of the trait approach is that
A) anyone can be trained to lead. B) managers need to develop certain traits before they can lead others. C) some people are naturally born leaders. D) followers need to respect their leaders if they are to be successful.