According to Herzberg's two-factor theory, dissatisfaction results from the
A. Pygmalion effect.
B. absence of hygiene factors.
C. presence of motivating factors.
D. lack of the need for affiliation.
Answer: B
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Indicate whether the statement is true or false
Accounting standards require entities to follow a five-step approach for recognizing revenue.
Answer the following statement true (T) or false (F)
________ categories consist of items whose sales fluctuate dramatically depending on the time of year.
A. Expected merchandise B. General merchandise C. Seasonal merchandise D. Staple merchandise E. Sample merchandise
Griffith Corporation is considering an investment in a labor-saving machine. Information on this machine follows: Cost $30,000 Salvage value in five years $0 Estimated life 5 years Annual depreciation $6,000 Annual reduction in existing costs $8,000 Refer to Griffith Corporation. What is the payback period on this investment?
a. 4 years b. 2.14 years c. 3.75 years d. 5 years