After World War II, the United States became the most productive country in the world.
Answer the following statement true (T) or false (F)
True
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Organizations that push employees to ______ levels of performance but do little to ensure a positive work climate create a stressful situation.
A. high B. low C. mid D. varying
The holding period of property received from a decedent is based on the actual time the property is held by the decedent.
Answer the following statement true (T) or false (F)
You have a budget for your personal finances. Which of the following statements best explains this statement?
a. You use your budget to show the difference between what you earn (income) and what you spend(expenditures). b. Budgets are for poor individuals. c. You use your budget to measure your creditworthiness. d. Budgets are a tool students use to figure out whether or not they can afford the next semester.
[The following information applies to the questions displayed below.]
Dalton Co. follows a policy of allocating all common costs equally among its profit centers. A partial responsibility income statement for a typical month is shown below: Dalton Co.Profit Center 1Profit Center 2Profit Center 3Responsibility margins$200,000 $80,000 $70,000 $50,000 Common fixed costs$165,000 $55,000 $55,000 $55,000 Income from operations$35,000 $25,000 $15,000 $(5,000)?After evaluating these data, Dalton Co. decides to close Profit Center 3. This action eliminates all revenue, variable costs, and fixed costs traceable to Center 3, but eliminates only $35,000 in common fixed costs. Closing Profit Center 3 has no effect upon the responsibility margins of Centers 1 and 2.?After the closing of Profit Center 3, the monthly income from operations for Profit Center 1, as measured by Dalton Co. should be approximately: A. $15,000. B. $10,000. C. $17,500. D. $25,000.