The owner of a computer services business acquired a new computer costing $5,000 by establishing an account with the computer supplier, Com Pewters Unlimited. There was no down payment. Recording the transaction will:
a. increase an asset, increase a liability.
b. decrease an asset, decrease a liability.
c. increase an asset, increase owner's equity.
d. decrease an asset, decrease owner's equity.
e. increase one asset, decrease another asset.
a
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Failure to record the expired amount of prepaid rent expense would not
a. understate expense. b. overstate net income. c. overstate owners' equity. d. understate liabilities. e. All of these choices would result from failure to record expired prepaid rent.
Nicole regularly inflates invoices to get a larger commission on her sales. She knows that most salespeople at her organization inflate their invoices by about 20%. Nicole only inflates hers by 10%. She figures if anyone gets caught, hers will look like honest mistakes compared to the others. It appears Nicole’s justification for her unethical behavior is ______.
A. disregard or distortion of consequences B. I did it for the good of others or the company C. I was only following orders D. I’m not as bad as the others
Training and development programs in followership are ______.
A. widely available in the consulting industry B. currently more popular than leadership training programs C. all based on the work of Barbara Kellerman D. are not popular programs currently but are predicted to become more important
Regardingcases alleging disparate treatment and pretext, it is correct to say:
a. disparate treatment is unintentional or accidental b. evidence in a pretextcase can be either direct or circumstantial c. the employer has violated Title VII if it would not have made the same decision absent the discriminatory motive d. they are relatively rare and with current legislation are not likely to be significant in the future