A minor cannot act as an agent

a. True
b. False
Indicate whether the statement is true or false


False

Business

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On January 1, 2019, Triangle Company has the following account balances:


During the year, Triangle has $165,000 of credit sales, collections of credit sales of $143,000, and write-offs of $3000. It records bad debts expense at the end of the year using the aging-of-receivables method. At the end of the year, the aging analysis shows that $2100 is the estimate of uncollectible accounts. Before the year-end entry to adjust the bad debts expense is made, the balance in the Allowance for Bad Debts is ________.
A) a debit of $1700
B) a credit of $4300
C) a zero balance
D) a debit of $3000

Business

The advantage of benchmarking against your own best employees as you hire new people is ______.

a. You can use you best as a template for hiring new people. b. You can learn what organizations in other industries are doing. c. It helps develop an employee compensation program. d. It aids in the design of your organization’s benchmarking system.

Business

______ percentage of midsize and large companies use personality and ability assessments for entry and midlevel management positions to help ensure the right fit between the job candidate and the job.

A. Forty B. Twenty C. Eighty D. One hundred

Business

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

1. Successful implementation is the central goal of every HRIS project, and it begins with a comprehensive design for the system. 2. The implementation process does not provide opportunities to reengineer and systematically improve nonsoftware processes to reflect best practices in HRM. 3. The analyst is referred to as a power user because this person accesses more areas of the HRIS than almost any other user. 4. HRIS experts ensure that appropriate HR staff have all the access, information, and tools necessary to do their jobs.

Business