Burn rate is a major concern when preparing a(n) ________ budget
A) start-up
B) operating
C) capital
D) project
E) master
Answer: A
Explanation: Burn rate is the rate at which the company is using up the funds from its initial investors. It is a major concern while preparing a start-up budget.
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Which of the following statements about duplication is correct?
A) Duplication is in general too costly to be effective. B) Duplication is in general effective when the cost is low. C) Duplication stimulates supply-chain interruptions. D) All of the above are correct.
Effective control of a company's operations is achieved through all of the following except:
a. periodically measuring and comparing company results. b. assigning responsibility for costs to employees responsible for those costs. c. constantly monitoring employees to ensure they do exactly as they are told. d. taking necessary corrective action when variances suggest it is needed.