Ethical concerns over managerial attempts to manage organisational culture in order to shape employee behaviour, centres on the extent to which it seeks to create of employees which of the following:
a. willing slaves
b. robots
c. passive actors
d. unthinking individuals
a. willing slaves
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Which of the following is an input control?
a. Reasonableness check b. Run-to-run check c. Spooling check d. Batch check e. None are input controls
Define the following terms:
At its inception, Peacock Company purchased land for $50,000 and a building for $220,000. After exactly 4 years, it transferred these assets and cash of $75,000 to a newly created subsidiary, Selvick Company, in exchange for 25,000 shares of Selvick's $5 par value stock. Peacock uses straight-line depreciation. When purchased, the building had a useful life of 20 years with no expected salvage value. An appraisal at the time of the transfer revealed that the building has a fair value of $250,000.Based on the information provided, what amount would be reported by Peacock Company as investment in Selvick Company common stock?
A. $250,000 B. $345,000 C. $301,000 D. $125,000
Discuss briefly the costs of making sales on account.
What will be an ideal response?