________ is an overall written summary of task requirements.

A. Job evaluation
B. Job description
C. Job design
D. Job analysis


Answer: B

Business

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When a partner sells his interest to another party, the journal entry simply credits the withdrawing partner's capital account and debits the new partner's capital.

A) Admitting a new partner does not change the core structure of the old partnership. B) The purchase of an existing partner's interest is a transaction between the new partner and the partnership firm. C) Any time the partner mix changes, the old partnership ceases to exist and a new partnership begins. D) A person can become a partner by purchasing an existing partner's interest, even without the approval of the other partners.

Business

When using the effective interest method the amount of interest expense each period equals the

a. current market interest rate times the carrying value of the financial instrument at the date of issuance. b. current market interest rate times the carrying value of the financial instrument at the beginning of each period. c. historical market interest rate times the carrying value of the financial instrument at the date of issuance. d. historical market interest rate times the carrying value of the financial instrument at the beginning of each period. e. fair market interest rate times the carrying value of the financial instrument at the date of issuance.

Business

In a periodic inventory system, cost of goods sold is recorded as each sale occurs.

Answer the following statement true (T) or false (F)

Business

Which practice, used by a change agent to institutionalize change, could include survey data, benchmarking metrics, and other sources of data?

a. Active participation b. Persuasive communication c. Management of internal/external information d. HRM practices

Business