Industrial Equipment Supply is a new business. During its first year of operations, credit sales were $41,000 and collections of credit sales were $33,000. One account, $675, was written off. Management uses the aging-of-receivables method to account for bad debts expense and estimated $525 as uncollectible at year end. The ending balance of the Allowance for Bad Debts is ________.
A) $145
B) $820
C) $1200
D) $525
D) $525
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Which of the following does not pose a problem in measuring performances by multinational companies
a. market and political stability b. labor and tax laws c. inflation and exchange rates. d. all of the above pose a problem
Ethical relativism holds that moral standards ought to be based on an individual's feelings of what is right or wrong
Indicate whether the statement is true or false
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a. True b. False Indicate whether the statement is true or false
In light of recent court rulings, HR managers suggest that performance evaluations should meet all of the following legal guidelines EXCEPT
A. performance ratings must be job-related. B. employees must be provided with clear, written job standards in advance of their evaluations. C. performance evaluation should rarely be tied to compensation decisions. D. supervisors should be trained to use the evaluation form correctly.