Carlene wants to conduct research on a company she'll be interviewing with next week. Where should she look for information?
A) The potential employer's website
B) Social media such as Twitter, Facebook, and LinkedIn
C) News sources, trade journals and industry directories
D) Carlene should consult all these sources for information about the company.
D
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A lessee computes the present value of the minimum lease payments using the lower of either the lessee's incremental borrowing rate or the lessor's implicit interest rate in the lease
Indicate whether the statement is true or false
Which of the following statements regarding the application of the lower-of-cost-or-market method is true?
A) Generally, historical cost is lower than the market value so the lower-of-cost-or-market rule is applied. B) When the lower-of-cost-or-market method is used, inventories are valued at their selling price. C) The lower-of-cost-or-market method is most commonly applied on a total inventory basis because it is a more conservative approach. D) The lower-of-cost-or-market method is an exception to the historical cost principle.
The materials usage variance is calculated by the equation
A) (Standard Price x Actual Quantity) - (Standard Price x Standard Quantity). B) (Standard Price x Standard Quality) - (Standard Price x Actual Quantity). C) (Actual Price x Actual Quantity) - (Standard Price x Actual Quantity). D) (Actual Price x Standard Quantity) - (Actual Quantity x Standard Price). E) None of these.
During hearings that took place from 1957-1959, a congressional investigating committee found that certain union officials had done all of the following except:
A. Engaged in bribery. B. Taken personal loans from union funds. C. Used violence to achieve their ends. D. Negotiate excessive wages.