In making decisions:
a. variable and fixed costs should be separated.
b. fixed costs can be relevant costs.
c. the company has to consider available resources.
d. some resources are purchased before they are used.
e. All of the answers are correct.
e
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Resources are generally deployed in one of two principal ways. What are those two ways?
What will be an ideal response?
Mohr Company purchases a machine at the beginning of the year at a cost of $24,000. The machine is depreciated using the straight-line method. The machine's useful life is estimated to be 5 years with a $4,000 salvage value. Depreciation expense in year 2 is:
A. $0. B. $9,600. C. $20,000. D. $4,800. E. $4,000.
Global Factors, a NYSE company, wanted to obtain an extension to its contract with Somalia for the sale of its government bonds. Global hired seven interns who were children of Somalian government officials. Global:
a. Has not violated the FCPA unless it was obtaining an exception to a rule. b. Has not violated the FCPA unless it was evading customs and duties. c. Has violated the FCPA. d. Is not subject to the FCPA.
Jason, an African-American, and Robert, a Caucasian, both experienced welders, apply for two openings at Virgo Inc. Robert is hired and Virgo continues to look for candidates to fill the other position. Jason alleges racial discrimination by Virgo, but Virgo denies this. Which of the following statements would both negate Jason's case and support Virgo's case?
A. Virgo deals in building equipment that requires a certified welder and Jason is not a certified welder. B. Virgo has never had a history of discrimination. C. Virgo deals in building equipment that requires a certified welder and Robert is a certified welder. D. Virgo has had a history of discrimination. E. Virgo deals in building equipment that requires a certified welder and Jason is a certified welder.