In the information systems (IS) industry, a technical writer develops test plans, and designs and writes automated test scripts

Indicate whether the statement is true or false

FALSE

Business

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Delicious Food Products is famous for its frosted fruit cake

The main ingredient of the cake is dried fruit, which Delicious purchases by the pound. In addition, the production requires a certain amount of direct labor. Delicious uses a standard cost system, and at the end of the first quarter, there was a favorable direct materials cost variance. Which of the following is a logical explanation for that variance? A) The production manager negotiated a lower wage package for production staff, bringing direct labor costs down. B) The factory lost two experienced workers at the beginning of the quarter, and their replacements worked at a much slower pace during their training period. C) The purchasing manager was able to secure a volume discount on dried fruit, purchasing the fruit for less than the amount set by standard. D) The production staff changed the work flow process so that there was less wastage of direct materials during production.

Business

Ownership restraints and performance requirements are the two most common ways in which host governments restrict FDI

Indicate whether the statement is true or false.

Business