A home builder in Arizona makes a conscious effort to use as many recycled materials as possible during construction. This builder has a focus on __________ as a business model.
A. philanthropy
B. moral relativism
C. situational ethics
D. sustainability
E. profitability
Answer: D. sustainability
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Letters from satisfied customers are ineffective sales tools
Indicate whether the statement is true or false
Forsyth Company uses estimated direct labor hours of 150,000 and estimated manufacturing overhead costs of $337,500 in establishing its 2011 predetermined manufacturing overhead rate. Results show actual manufacturing overhead of $346,500 and applied manufacturing overhead of $343,800 . The number of direct labor hours worked during the period was:
a. 154,000 b. 150,000 c. 152,800 d. 148,831 e. 146,000
The ability of members of the group to think differently, and to express their opinions and findings is:
a. groupthink. b. identity diversity. c. identity orientation. d. cognitive diversity.
In preparing the April bank reconciliation for Oscar Company, it was discovered that on April 10 a check was written to pay delivery expense of $45 but the check was erroneously recorded as $54 in the company's books. Which of the following journal entries would correct this error?
A.
| Cash | 54 | |
| Delivery expense | 54 |
B.
| Delivery expense | 45 | |
| Cash | 45 |
C.
| Delivery expense | 9 | |
| Cash | 9 |
D.
| Cash | 9 | |
| Delivery expense | 9 |