According to the unfreezing stage of change, getting rid of old practices is typically easier than learning new ones.
Answer the following statement true (T) or false (F)
False
According to the unfreezing stage of change, getting rid of old practices is just as difficult as learning new ones.
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Wilshire purchased equipment at the beginning of 2011 for $19,000. Wilshire decided to depreciate the equipment over a 6-year period using the straight-line method. Wilshire estimated the equipment's salvage value at $1,000. The estimated fair market value at the end of 2011 was $18,000. Which of the following statements is correct concerning Wilshire's financial statements at December 31, 2011?
A) The book value of the equipment is $15,000. B) The book value of the equipment is $16,000. C) The total accumulated depreciation is $3,167. D) The equipment will be reported on the balance sheet at it fair market value of $18,000.
The essence of socially responsible business behavior is
A. undertaking actions to balance the interests of all company stakeholders rather than just exclusively working to protect the interests of shareholders. B. pursuing actions to keep prices low enough that the company's profits will not be viewed by the general public as obscenely high or exorbitant. C. balancing strategic actions to benefit shareholders against the duty to be a good corporate citizen. D. making sizable contributions to political action committees representing the interests of the industry. E. providing jobs for the local community rather than outsourcing them to low wage labor countries.
Keyser Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$118 Units in beginning inventory 400Units produced 2,100Units sold 2,300Units in ending inventory 200 Variable costs per unit: Direct materials$37Direct labor$23Variable manufacturing overhead$3Variable selling and administrative expense$5Fixed costs: Fixed manufacturing overhead$73,500Fixed selling and administrative expense$29,900 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. What is the net operating income for the month under absorption costing?
A. $7,000 B. $24,200 C. $11,600 D. $4,600
The term ________ refers to a class of software that enables people to work together more effectively
A) groupware B) firmware C) spyware D) malware E) mashup