________ is often referred to as the "father of scientific management."
A. Ivan Pavlov
B. Frederick W. Taylor
C. Abraham Maslow
D. Henri Fayol
Answer: B
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Which of the following situations is not a segregation of duties violation?
a. The treasurer has the authority to sign checks but gives the signature block to the assistant treasurer to run the check-signing machine. b. The warehouse clerk, who has the custodial responsibility over inventory in the warehouse, selects the vendor and authorizes purchases when inventories are low. c. The sales manager has the responsibility to approve credit and the authority to write off accounts. d. The department time clerk is given the undistributed payroll checks to mail to absent employees. e. The accounting clerk who shares the record keeping responsibility for the accounts receivable subsidiary ledger performs the monthly reconciliation of the subsidiary ledger and the control account.
Commercial bribery is similar to the traditional definition of bribery except that in commercial bribery:
a. something of value is offered to influence a business decision b. payment is received by an employee with the employer's consent. c. the employee extorts money from a potential purchaser or supplier. d. something of value is offered to influence an official act of government.
What is the unit product cost using absorption costing? (Round any intermediate calculations and your final answer to the nearest dollar.)
Emerald Pools, Inc. has provided the following information for the year.
A) $65
B) $166
C) $150
D) $130
The balance in the prepaid insurance account before adjustment at the end of the year is $6,000. The amount of the journal entry required to record insurance expense will be $4,000 if the amount of unexpired insurance applicable to future periods is $2,000
Indicate whether the statement is true or false