Expenses incurred but not yet paid or recorded are called
a. interim expenses.
b. unearned expenses.
c. prepaid expenses.
d. accrued expenses.
Ans: d. accrued expenses.
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Choose the statements that correctly reflect the likely utilitarian view of preferential treatment in hiring.
A. Managerial discretion should be given great latitude in hiring decisions. B. Hiring decisions should be based on the ability of the candidate to perform the job efficiently and skillfully. C. Property rights should prevail in hiring decisions. D. Consequences like the goodwill of long-term employees whose families are given preference in hiring must be considered. E. A and B. F. B and D.
Explain implied and express authorizations
What will be an ideal response?
Suppose an investor expects a common stock's dividends to be $1.00, $1.05, and $1.10 at the end of each of the next 3 years and expects to sell the stock for $20 in 3 years. If the investor requires a 20% rate of return, what is the stock's value today?
A. $10.77 B. $11.77 C. $12.77 D. $13.77
A simple CPM network has three activities, D, E, and F. D is an immediate predecessor of E and of F. E is an immediate predecessor of F. The activity durations are D=4, E=3, F=8
A) The critical path is D-E-F, duration 15. B) The critical path is D-F, duration 12. C) Slack at D is 3 periods. D) Slack at E is 3 periods. E) Both A and C are true.