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NEW QUESTION: 1
You are a teacher at a secondary school. You work closely with the school administration.
A group of parents questions the large sum of money that the school invests in Information and Communication Technology (ICT) resources.
You are requested to prepare a response on behalf of the school.
On which argument will you base your response?
A. Modern economies are increasingly based on knowledge and information, so students must learn the skills required to handle information.
B. The business sector in modern economies increasingly expects schools to produce students who are qualified in financial knowledge.
C. Modern economies increasingly require a workforce that has good typing skills, so the school must try to incorporate computers into all its activities.
D. Modern economies increasingly depend on the growth of the computer manufacturing industry, an economic sector that schools must support.
NEW QUESTION: 2
NEW QUESTION: 3
What typically happens when employees continually upgrade and build new skills?
A. Their level of performance increases.
B. They become bored with their current jobs.
C. Their competitiveness increases.
D. They demand higher pay
NEW QUESTION: 4
Barnes Corporation expected to sell 150,000 board games during the month of November. and the company's master budget contained the following data related to the sale and production of these games:
Actual sales during November were 180.000 games. Using a flexible budget, the company expects the operating income for the month of November to be:
A. US $270,000
B. US $510,000
C. US $225,000
D. US $420,000
Revenue of US $2,400,000 reflects a unit selling price of US $16 $2.400,000 150.000 games). The contribution margin is US $975,000, or US $6.50 per game $975,000 150,000 games). Thus, unit variable cost is US $9.50 $16 - $6.50). Increasing sales will result in an increased contribution margin of US $195,000 30,000 x $6.50). Assuming no additional fixed costs, net income will increase to US $420,000 $225,000 originally reported +$195,000).
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