As managers use less and different types of direct materials, which of the following standards do managers focus on to enhance sustainability in the workplace?

A) Quantity/Efficiency standard
B) Price standard
C) Flexible standard
D) Both A and B

D

Business

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Assuming that the ideal measure of short-term receivables in the balance sheet is the discounted value of the cash to be received in the future, failure to follow this practice usually does not make the balance sheet misleading because

a. most short-term receivables are not interest-bearing. b. the allowance for uncollectible accounts includes a discount element. c. the amount of the discount is not material. d. most receivables can be sold to a bank or factor.

Business

A client of a family law office is concerned that she has signed a prenuptial agreement, and she has now discovered that her husband did not reveal all of his assets to her before she signed the agreement

He had his attorney draft the document, and she did not have legal representation. That prenuptial agreement: A) is valid since it was signed. B) is valid only in some states. C) might be unenforceable. D) is a valid contract that cannot be undone.

Business