Which of the following is most likely to be identified as a charismatic leader?
a. your professor
b. the authors of this textbook
c. Winston Churchill
d. none of these
c. Winston Churchill
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On December 31, Strike Company sold one of its batting cages for $50,000 . The equipment had an original cost of$310,000 and has accumulated depreciation of $260,000 . Depreciation has been recorded up to the end of theyear. What is the amount of the gain or loss on this transaction?
a. no gain or loss b. loss of $50,000 c. gain of $50,000 d. cannot be determined
Statistical sampling provides a technique for:
A. exactly defining materiality. B. measuring the sufficiency of evidential matter. C. greatly reducing the amount of substantive testing. D. eliminating the additional cost of designing and conducting the sampling application.
Which of the following is the most appropriate apology when writing a negative news message?
A) "I am sorry you had a problem with this product, and please know this issue will never happen again." B) "If this issue has created any problems for you, we are sorry." C) "I am sorry to hear of your difficulties with this product." D) "I am sorry to hear of your difficulties, as we sell millions of these products a year and no one else has expressed any concern with them." E) "I am sorry if anyone had difficulties with this product."
On April 1 of the current year, a company purchased and placed in service a machine with a cost of $240,000. The company estimated the machine's useful life to be four years or 60,000 units of output with an estimated salvage value of $60,000. During the current year, 12,000 units were produced. Prepare the necessary December 31 adjusting journal entry to record depreciation for the current year assuming the company uses:a. The straight-line method of depreciationb. The units-of-production method of depreciationc. The double-declining balance method of depreciation
What will be an ideal response?