When leaving a voice mail, what information is least important for the recipient of the voice mail?
A) Reason for calling
B) Your name
C) Your phone number
D) Your email address
E) Best time to reach you
Answer: D
Explanation: D) If you do leave a voicemail message, make it as brief as possible. Leave your name, number (don't assume the recipient has caller ID), reason for calling, and times you can be reached. State your name and telephone number slowly so the other person can easily write them down; repeat both if the other person doesn't know you. If the message could have been emailed, there would be no need for the phone call.
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Partners Ana, Beth, and Cathy have capital account balances of $90,000 each. The income and loss ratio is 5:2:3, respectively. In the process of liquidating the partnership, noncash assets with a book value of $75,000 are sold for $30,000. The balance of Beth’s Capital account after the sale is
a. $67,500.
b. $76,500.
c. $81,000.
d. $99,000.
Which of the following incidents would Tom Jones consider to have the highest moral intensity?
a. A company’s poor working and sanitation conditions causes a fire that kills 17 people. b. A company’s continued pollution over a decade contributes to lower respiratory health for everyone in a tristate area. c. A company corruption scandal forces the resignation of several members of top management. d. A company corruption scandal plummets the company’s social standing and lowered profits bring about many layoffs.
Which of the following statements is false?
A) There is no overlap between financial and managerial accounting. B) Managerial accounting sometimes relies on past information. C) Managerial accounting does not need to conform to GAAP D) Financial accounting must conform to GAAP.
Ann’s organization has sent her to Canada for a 3-year assignment. In her role, Ann will be considered a(n) ______.
A. expatriate B. individualist C. third country national D. ethnocentric