Performance management systems are more effective when results are directly tied to the reward system

Indicate whether the statement is true or false

T

Business

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Mandy Company has the following information from last month:

Standard direct labor hours allowed for units produced (SQ) 3,900 Actual direct labor hours worked (AQ) 3,780 Direct labor efficiency variance, favorable (F)$6,960 Total payroll$241,920 What was Mandy's direct labor flexible-budget variance for the month, rounded to the nearest dollar?

Business

Excessive use of chargebacks by a retailer illustrates _____

a. scrambled merchandising b. channel power c. the retail life cycle d. channel cooperation

Business