A depreciable asset that is purchased on March 28 would be depreciated for nine months of the first year, if the fiscal year ends on December 31
Indicate whether the statement is true or false
true
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The accountant for Suzanne Company made the following errors related to inventory in 2017: 1. The beginning inventory for 2017 was overstated by $1,375 due to an error in the physical count. 2. A $1,650 purchase of merchandise on credit in 2017 was not recorded or included in the ending inventory. ? Assuming a periodic inventory system, how would Sue's cost of goods sold, gross profit, and net
income be affected in 2017 by these errors? Set Cost of Goods Sold Gross Profit Net Income I. Overstated Understated Understated II. Overstated Understated No effect III. Understated Overstated Overstated IV. No effect No effect No effect ? A) Set I B) Set II C) Set III D) Set IV
Answer the following statement(s) true (T) or false (F)
1. Historically, only a small proportion of women worked in the informal economy like agriculture. 2. Exclusion of underprivileged groups not only stunts the economic growth of these groups it also directly affects long-term corporate earnings. 3. Workforce diversity literature and the diversity research field is fairly comprehensive with consistent frameworks and terminology addressing a variety of cultural contexts 4. Race, gender and social class are common determinants of exclusion across multiple cultures. 5. The inclusive workplace model suggest that corporations also have the responsibility to cooperate with and contribute to the local community.
Whom should you ask about a company's dress codes and expectations when starting a new job?
A. Your co-workers B. Rely on your own casual observations C. Your manager or human resources D. No one, you know what looks best on you
Compare and contrast 2 organization-wide quality initiatives such as Lean Manufacturing, Benchmarking, ISO9000, Six Sigma, TQM, and Baldrige.
What will be an ideal response?