Identify the guideline that should be followed for effective discipline.
A. A new employee's misdeeds should be ignored.
B. A long-standing employee's misdeeds should be ignored.
C. Immediate dismissal should be given for drug use.
D. Immediate dismissal should be given for an occasion of tardiness.
Answer: C
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Indicate whether the statement is true or false
In May, one of the processing departments at Messerli Corporation had beginning work in process inventory of $14,000 and ending work in process inventory of $35,000. During the month, $148,000 of costs were added to production and the cost of units transferred out from the department was $127,000. The company uses the FIFO method in its process costing system. In the department's cost reconciliation report for May, the total cost to be accounted for would be:
A. $310,000 B. $324,000 C. $162,000 D. $49,000
Tiger Training Inc. has decided on a 4-for-1 stock split. If the firm currently has 1,600,000 shares outstanding, how many shares will be outstanding after the stock split?
A) 400,000 shares B) 1,600,000 shares C) 3,200,000 shares D) 6,400,000 shares
When preparing to purchase and implement SCIS components, what issues and questions must managers address?