Made4U Goods, Inc., asks its employees, many of whom are members of the National Machinists Union, to apply the utilitarian theory of ethics. This theory does not require
A. a choice among alternatives to produce the maximum societal utility.
B. a determination of whom an action will affect.
C. an assessment of the effects of alternatives on those affected.
D. the acquiring of the means of production by workers.
Answer: D
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Under the implied warranty of merchantability, fungible goods need only meet a middle range
level of quality. Indicate whether the statement is true or false
A company purchased inventory on account. If the perpetual inventory system is used, which of the following choices accurately reflects how the purchase affects the company's financial statements? Asset=Liab.+Stk.EquityRev.-Exp.=Net Inc.Stmt ofCash FlowsA.+=++NANA-+=- NAB.+ -=NA+NANA-NA=NA- OAC.+=++NANA-NA=NA NAD.+=++NANA-NA=NA- OA
A. Option A B. Option B C. Option C D. Option D
You spend more hours at work over the course of your life than most other activities. ____________________
Answer the following statement true (T) or false (F)
Franklin Co. has three departments: purchasing, human resources, and assembly. In a recent month the three departments incurred two shared indirect expenses. The amounts of the indirect expenses and the bases used to allocate them follow. Use this information to allocate each of the two indirect expenses across the three departments using the tables provided below.Indirect ExpenseCostAllocation BaseSupervision$85,000Number of employeesUtilities and Insurance38,000Square feet occupiedTotal123,000?Departmental data for the company's recent reporting period follow.DepartmentEmployeesSquare FeetPurchasing1015,000Human Resources610,000Assembly2025,000Total3650,000Supervision???Purchasing???Human Resources???Assembly???Total???Utilities and
Insurance???Purchasing???Human Resources???Assembly???Total??? What will be an ideal response?