Case-Based Critical Thinking Questions

question 70

Multiple Choice

Case-Based Critical Thinking Questions
Case 9-2
Latham works in the logistics department for a large city bus system.  As routes are changed, Latham accesses the internal database to ensure all records are accurate.  The Bus Route System database includes a one-to-many relationship between the Bus Number and the Bus Routes with Bus ID as the common field.  This allows the two tables to be joined to create a query based on data from both tables:  Bus Number and Bus Routes.
-The relationship between the Bus Number and Bus Routes tables is one-to-many which means that each Bus Number record is related to ____ Bus Routes record(s) .

• A)at most one
• B)at least one
• C)exactly one
• D)zero, one, or more

Calculate margin of safety and understand its significance.

Analyze the effects of changes in cost structure on CVP outcomes.

Apply CVP analysis to decision-making in both manufacturing and service industries.

Understand the assumptions underlying CVP analysis and their implications.

---

Definitions:

Effective Businesses

Companies or enterprises that achieve their goals and objectives through efficient operations, strong leadership, and successful execution of strategies.

Organizational Codes

Sets of formal guidelines and ethics that govern the behavior and decision-making processes within an organization.

Ethics

Moral principles that govern a person's behavior or the conducting of an activity, often applied to professional and business practices.

Federal Law

Legislation passed by the national government of a country, which constitutes the legal framework within which societies operate, affecting both individuals and organizations.