Assume that A and B are independent events with P(A) = 0.30 and P(B) = 0.50 . The probability that both events will occur simultaneously is 0.80
Indicate whether the statement is true or false
F
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Lottie is conducting a performance appraisal for Matt, one of her subordinates. The company's performance appraisal form asks her to rate Matt's performance on various items like "Turns in reports on time with minimal errors" on a scale from 1 to 5. Lottie's company has a(n) ______ appraisal system.
A. results B. objective C. trait D. BARS E. MBO
In a job order costing system, when indirect materials are used, the Overhead account is increased
Indicate whether the statement is true or false
Franklin Company's bank reconciliation as of August 31 is shown below. Bank balance $14,237 Book balance $13,162 + Deposit in transit 4,500 Bank service fees -50 - Outstanding checks -3,900 Note collected 1,725 Adjusted bank balance $14,837 Adjusted book balance $14,837 The adjusting journal entries that Clayborn must record as a result of the bank reconciliation include:
A. Debit Cash $4,500; credit Sales $4,500. B. Debit Misc. Expense $3,900; credit Cash $3,900. C. Debit Cash $1,725; credit Notes Receivable $1,725. D. Debit Notes Receivable $1,725; credit Cash $1,725. E. Debit Cash $50; credit Bank Service Fee Expense $50.
What is the most accurate statement about apologizing in an adjustment message?
A) If you apologize, use a standard phrase such as We apologize for any inconvenience we may have caused. B) Apologies should be avoided because they are counterproductive. C) People like to hear apologies. It raises their self-esteem, shows the humility of the writer, and acts as a form of "psychological compensation." D) Never apologize in an adjustment message because doing so will set you up for a lawsuit.