Which of the following is one of an employer's primary goals in conducting an interview?

A) Assessing how you will fit into the organization's culture
B) Determining how long it will take for you to get promoted within the company
C) Making you uncomfortable to see how you perform under stress
D) Convincing you to accept the position on the spot


A

Business

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Sharon made a $60,000 interest-free loan to her son, Todd, who used the money to start a new business. Todd’s only sources of income were $25,000 from the business and $490 of interest on his checking account. The relevant Federal interest rate was 5%. Based on this information:

A. Todd’s business net profit will be reduced by $3,000 (0.05 × $60,000) of interest expense. B. Sharon must recognize $3,000 (0.05 × $60,000) of imputed interest income on the below-market loan. C. Todd’s gross income must be increased by the $3,000 (0.05 × $60,000) imputed interest income on the below-market loan. D. Sharon does not recognize any imputed interest income and Todd does not recognize any imputed interest expense. E. None of these is correct.

Business

Benford's law:

a. applies to numbers that have built-in limits. b. is most effectively used with assigned numbers. c. applies best to numbers that occur naturally. d. uses ratios to detect fraud.

Business

What are the key functions that members of the marketing channel perform?

What will be an ideal response?

Business

Home Base, Inc. reports the following production cost information:Units produced97,000 unitsUnits sold92,000 unitsDirect labor$17 per unitDirect materials$34 per unitVariable overhead$26 per unitFixed overhead$1,940,000 in totala. Compute production cost per unit under variable costing.b. Compute production cost per unit under absorption costing.c. Determine the cost of ending inventory using variable costing.d. Determine the cost of ending inventory using absorption costing.

What will be an ideal response?

Business