Which of the following is/are not true regarding a merchandising firm?
a. Inventory appears on the merchandiser's balance sheet initially as an asset.
b. Inventory is measured at acquisition cost.
c. When a sale takes place, the firm recognizes the cost of the inventory as an expense (cost of goods sold) on the income statement.
d. When a sale takes place, the firm recognizes the inventory reduction on the statement of cash flows.
e. All of the above are false regarding a merchandising firm.
D
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What is true about medical examinations of job candidates?
A. Medical examinations may not be related to job requirements. B. Medical examinations are conducted after a candidate has been given a job offer. C. Medical examinations are conducted upon the receipt of a candidate's résumé. D. Medical examinations that measure size and strength can never be used for a job. E. Medical examinations are conducted specifically for individuals with disabilities.
The premise of ______ explains how and why individuals try to promote, protect, or “save face.”
A. dialectics theory B. politeness theory C. communication privacy management D. social exchange theory
The client is a corporation which uses high-tech equipment to manufacture its product. Because of the high level of wear and tear due to long production runs and frequent technology changes, the client usually replaces the equipment every two years. According to IRS guidance, the MACRS life of the equipment is five years. In order to accelerate depreciation deductions, which tax depreciation option should the client elect?
A. MACRS with a straight-line election B. units-of-production method C. regular MACRS treatment D. alternative depreciation system (ADS)
Tran read a recent study focusing on self-managed work teams that improve or maintain top performance over time. Which of the following is not one of the conflict resolution strategies that these types of teams engage in?
A. They assign work based on volunteering, default, or convenience. B. They focus on the content of interactions rather than the delivery style. C. They explicitly discuss reasons behind any decisions in distributing work assignments. D. They assign work to members who have the relevant task expertise.