A worker engaged in an occupation or business distinct from that of an employer points to independent-contractor status.
Answer the following statement true (T) or false (F)
True
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Norwood, Inc purchased a crane at a cost of $80,000 . The crane has an estimated residual value of $5,000 and an estimated life of 8 years, or 12,500 hours of operation. The crane was purchased on January 1, 2016 and was used 2,700 hours in 2016 and 2,600 hours in 2017. Refer to the information about Norwood, Inc If Norwood uses the double-declining-balance depreciation method, what amount is the
depreciation expense for 2017? a. $14,063 b. $15,000 c. $18,750 d. $20,000
On December 31 . 2014, Ohio Corporation appropriately changed its inventory valuation method to FIFO cost from LIFO cost for both financial statement and income tax purposes. The change will result in a $140,000 increase in the beginning inventory at January 1 . 2014 . Assume a 30 percent income tax rate. The cumulative effect of this accounting change Ohio for the year ended December 31 . 2014,
is a. $0. b. $42,000. c. $98,000. d. $140,000.
Use of repeated measures of co-orientational states over time can help track changes in which of the following?
A. perceptions of agreement D. congruency B. actual agreement E. all of the above C. accuracy
Answer the following statement(s) true (T) or false (F)
1. Globalization is characterized by growing worldwide connections between organizations and their various constituencies, by rapid and discontinuous change, by growing numbers and diversity of actors involved in global activities, and by greater managerial complexity. 2. One of the most significant effects of the uneven economic development around the globe from a cross-cultural management perspective has to do with the impact on the labor pool. 3. As transition economies grow in importance, managers in multinational organizations will need to understand the legacy of state socialism that influences both organizations and managers. 4. Information and communication technologies involve two main activities: searching for information and processing information. 5. There will be decreasing pressure on the international manager of the future to be environmentally responsible.