In activity-based costing, preliminary cost allocations assign costs to

a. departments.
b. processes.
c. products.
d. activities.


D

Business

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Stanley Company purchased a machine that was installed and placed in service on January 2, 2013 . at a total cost of $680,000 . Residual value was estimated at $70,000 . The machine is being depreciated over ten years by the double-declining-balance method. For the year 2014, Stanley should record depreciation expense of

a. $108,800 b. $97,600 c. $68,000 d. $61,000

Business

Juanita sets limits on how much her employees use work computers for personal business. However, she does not completely ban personal use. She is following which ethical principle?

A. the golden mean B. the golden rule C. what is right for one is right for all D. the difference principle

Business

Which of the following is NOT a necessary condition for a team to succeed?

a. Task is suitable for teamwork. b. Assigning tasks based on previous work in teams. c. Organization provides supportive context to complete task. d. Accountability and rewards.

Business

A company that decides to abandon a proposed public offering due, for example, to a lack of investor interest, must wait at least eighteen months before shifting to a private offering

a. True b. False Indicate whether the statement is true or false

Business