Leggy High School has three open positions for teachers. The school's HR personnel review résumés to identify the candidates who meet the school's minimum requirements. Next, potential candidates are then invited for interviews. After this, interviewers discuss the results with HR personnel and select a short list of candidates, who then appear before a panel of teachers and HR personnel for the final interview. Leggy's new teachers are then selected from among these finalists. Which terms describes Leggy's method of selection?
A. leadership model
B. compensatory model
C. behavior description model
D. nondirective model
E. multiple-hurdle model
Answer: E
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Devoutly religious individuals are more likely to endorse the ______ cultural profile of a society.
A. conscious B. dominant C political D. economic
A company produces surgical equipment that goes through three departments, 1A1, 2B2, and 3C3, before they are complete. Expected costs and activities for the three departments are shown below. All departments have departmental overhead rates based on direct labor hours. Therefore, the overhead rate for each department is $5 per direct labor hour. Department 1A1Department 2B2Department 3C3Machine hours 15,000MH 25,000MH 20,000MHDirect labor hours 22,830DLH 10,650DLH 29,200DLHOverhead costs$114,150 $213,000 $73,000
Answer the following statement true (T) or false (F)
Tetra Co. uses the perpetual inventory system and a FIFO cost flow method. On January 1, the company purchased 2100 units of inventory that cost $2.50 each. On January 12, the company purchased an additional 3100 units of inventory at a cost of $2.35 each. On January 20, Tetra Company sold 4100 units of inventory. Which of the following entries would be required to recognize the cost of goods sold on that date?
A.
| Cost of goods sold | 9950? | |
| Inventory | 9950? |
B.
| Inventory | 10,050? | |
| Cost of goods sold | 10,050? |
C.
| Inventory | 9950? | |
| Cost of goods sold | 9950? |
D.
| Cost of goods sold | 10,050? | |
| Inventory | 10,050? |
When would the "return on equity" equal the "return on assets"?
A) Whenever the debt to equity ratio is one B) Whenever the debt ratio is zero C) Whenever a firm has positive net worth D) Whenever the firm has positive net worth and positive net income