The Management of Business Operations Conducted in More Than One

question 46

Multiple Choice

The management of business operations conducted in more than one country is called:

• A) global management.
• B) international management.
• C) outsourcing management.
• D) planning management.
• E) domestic management.

Know the basic operations and components involved in computer processing.

Understand the fundamental aspects of computer hardware and software.

Understand the regulations under the WARN Act regarding advance notice for layoffs.

Recognize violations of the Equal Pay Act and the criteria for equal pay for substantially equal work.

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Definitions:

Traditional Costing

A costing method that allocates overhead based on a single predetermined rate, usually ignoring the varying demands different products place on resources.

Direct Labor-Hours

The total number of labor hours spent on the production of goods or services.

Predetermined Overhead Rate

A rate calculated at the beginning of a period, based on the estimated overhead costs and estimated level of activity, used to apply overhead costs to products.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on the actual consumption of resources.