After 1 month on the job, Tanner was fired for not learning the job fast enough. His employer can do this easily under a(n) ______.
A. code of conduct
B. employment monitoring
C. contract
D. orientation period
D. orientation period
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Which of the following has been a primary source of productivity gains in the years 1995 to 2001?
A. Reduced standards of living. B. Recessionary spending. C. Reemphasis on ethical business behaviors. D. Enterprise resource planning software systems. E. Reduced costs of raw materials through globalization.
Under the indirect method, which of the following account's balance must always be added to determine cash flow from operating activities?
a. Inventory; b. Cost of Goods Sold; c. Interest Expense; d. Bonds Payable; e. Depreciation Expense
At the beginning of the year, Barcroft Co. estimated that its total annual fixed overhead costs would amount to $25,000. Further, Barcroft estimated that its volume of production would be 2,000 units of product. Based on these estimates, Barcroft computed a predetermined overhead rate that was used to allocate overhead costs to the products made during the year. As predicted, actual fixed overhead costs did amount to $25,000. However, actual volume of production amounted to 2,200 units of product. Based on this information alone:
A. Products were overcosted during the year. B. Products were costed accurately during the year. C. Products were undercosted during the year. D. The answer cannot be determined from the information provided.
Accounting is often referred to as the language of ________.
Fill in the blank(s) with the appropriate word(s).