Ms. Jones believes that she became Vice President at her company by luck; she rarely takes responsibility for her actions and she often blames others when things don’t go well for her. She would be described as having ______.
a. grit
b. hope
c. an internal locus of control
d. an external locus of control
d. an external locus of control
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The current FASB's financial reporting objectives identify current and potential investors and creditors as the principal users of financial reports
Indicate whether the statement is true or false
After direct marketing, the next slightly longer marketing channel adds a(n)
A. retailer. B. producer. C. wholesaler. D. agent. E. consumer.
Else Corporation has provided the following data for its two most recent years of operation:?Manufacturing costs:??Variable manufacturing cost per unit produced:??Direct materials$10?Direct labor$7?Variable manufacturing overhead$3?Fixed manufacturing overhead per year$216,000?Selling and administrative expenses:??Variable selling and administrative expense per unit sold$6?Fixed selling and administrative expense per year$72,000??Year 1Year 2?Units in beginning inventory01,000?Units produced during the year9,00012,000?Units sold during the year8,0009,000?Units in ending inventory1,0004,000Required:a. Assume the company uses absorption costing. Compute the unit product cost in each year.b. Assume the company uses variable costing. Compute the unit
product cost in each year. What will be an ideal response?
Subtracting accumulated depletion from the asset account coal mine would yield the:
A) current market value of the coal mine. B) original cost of the coal mine. C) net book value of the coal mine. D) current period's depletion expense for the coal mine.