Recognizing opportunities and threats in the external environment is vital to firm success. Complexity and rapid evolution make it critical for employees and managers to become more aware of ________ trends and events.
A. internal
B. outside
C. human resource
D. environmental
Answer: D
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Mesquite, Inc. has held-to-maturity debt securities it purchased in 2018. At December 31, 2019, the amortized cost basis of the securities is $220,000 and the fair value of the securities is $208,000. The present value of estimated future cash flows discounted at the original effective interest rate is $210,000. Mesquite, Inc. uses IFRS for its external reporting. What amount of loss, if any, will Mesquite, Inc. report related to these securities for 2019?
A. $12,000. B. $2,000. C. $ - 0 - D. $10,000.
An auditor for Ralco Accounting firm was auditing the financial statements of E-prise. The auditor suspected that E-prise was engaged in illegal activity. Under Section 10A of the 1934 Act, the auditor is required to notify E-prise's board of directors of the suspicions
a. True b. False Indicate whether the statement is true or false
As a matter of law an employee handbook cannot serve as part of an implied employment contract for purposes of unlawful dismissal of an employee
Indicate whether the statement is true or false
Ouelette Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,000 units, its average costs per unit are as follows: AverageCost per UnitDirect materials$5.25 Direct labor$4.05 Variable manufacturing overhead$1.30 Fixed manufacturing overhead$3.00 Fixed selling expense$0.70 Fixed administrative expense$0.40 Sales commissions$0.50 Variable administrative expense$0.45 If 6,000 units are produced, the total amount of indirect manufacturing cost incurred is closest to:
A. $25,800 B. $15,000 C. $7,800 D. $22,800