The initials GAAP stand for
A) General Accounting Procedures
B) Generally Accepted Plans
C) Generally Accepted Accounting Principles
D) Generally Accepted Accounting Practices
C
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When we “forget” the stimulus that has disturbed us by denying its existence, we are employing which defensive strategy?
A. repression B. rationalization C. displacement D. counterfeit relationship
Opunui Corporation has two manufacturing departments-Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: MoldingFinishingTotalEstimated total machine-hours (MHs) 4,000 1,000 5,000Estimated total fixed manufacturing overhead cost$19,600$2,400$22,000Estimated variable manufacturing overhead cost per MH$1.10$2.10 During the most recent month, the company started and completed two jobs-Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow: Job AJob MDirect materials$13,600$7,500Direct labor cost$20,700$7,400Molding machine-hours 2,700 1,300Finishing machine-hours 400 600Assume that the company uses a plantwide predetermined manufacturing overhead rate based on
machine-hours. The total manufacturing cost assigned to Job M is closest to: (Round your intermediate calculations to 2 decimal places.) A. $7,500 B. $7,400 C. $25,730 D. $10,830
Identify the attributes of problem employees and discuss why managers should try coaching and/or counseling before discipline.
What will be an ideal response?
Why is negotiation a more efficient and effective way to reach a solution than either a lawsuit or arbitration?
What will be an ideal response?