Since a company's plant assets determine its productive capacity, the capX budget is usually affected by _____________ plans for the business.

Fill in the blank(s) with the appropriate word(s).

Ans: long-range

Business

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What standard is the following "quantified standards at the operating level. Products produced in numbers, in value, material used in weightage and value, labor employed in house and in value, services rendered in value, etc."?

a. physical standard b. capital standard c. revenue standard d. cost standard e. intangible standard

Business

International trade secretariats have been minimally successful because of the:

A. similarity in the structure of unions on a global level. B. common perception unions have about multinational companies. C. reciprocal tax treaty. D. competition between national unions to attract investment from international businesses. E. retention of highly skilled tasks in the host country.

Business