Under which method of inventory cost flows is the cost flow assumed to be in the reverse order in which the expenditures were made?
A) weighted average
B) last-in, first-out
C) first-in, first-out
D) average cost
B
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Marco Insurance acquired shares of Penny Systems' common stock on December 28, 2013, for $400,000 and classified them as trading securities. The fair value of these securities on December 31, 2013, was $402,000 . Marco Insurance sold these shares on January 3, 2014, for $405,000. (Refer to the Marco Insurance) The journal entries to measure trading securities at fair value and recognize
unrealized holding gain in net income on December 31, 2013. a. Cash.....................................................2,000 Marketable Securities..................................... 2,000 b. Other Comprehensive Income.................2,000 Marketable Securities..................................... 2,000 c. Marketable Securities..............................2,000 Other Comprehensive Income........................ 2,000 d. Marketable Securities..............................2,000 Unrealized Holding Gain on Trading Securities........................................ 2,000 e. Marketable Securities..............................2,000 Realized Holding Gain on Trading Securities......................................... 2,000
Which of the following increases the likelihood of a merger or acquisition being successful?
A. The HR manager should serve as the center of communications across the merging organizations. B. The HR manager must disseminate information in a limited and"need-to-know" manner. C. The HR manager should become the final arbiter of which mergers or acquisitions should be pursued. D. The HR manager must not be closely involved in the merging process of organizations.
What may be some of the strengths and weaknesses of transformational leaders?
What will be an ideal response?What will be an ideal response?
Which one of the following statements about maintenance is TRUE?
A) The optimal degree of preventive maintenance is associated with zero breakdowns. B) Breakdown maintenance is proactive. C) Preventive maintenance is reactive. D) Preventive maintenance is for emergency repairs. E) Human resources are a major component of effective maintenance management.