A(n) ________ is the level of expected performance for a given goal: a target that establishes a desired performance level, motivates performance, and serves as a benchmark against which actual performance is assessed.
A. asset
B. standard
C. audit
D. liability
E. balance sheet
Answer: B
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Suppose the Federal Reserve is considering the applications of four different banks to merge with other banks. Given the level of the new HHI and the change in the HHI shown below, in which case could the Fed challenge the merger?
A. New HHI = 1,900; change in HHI = 150 B. New HHI = 1,500; change in HHI = 400 C. New HHI = 1,200; change in HHI = 700 D. New HHI = 1,850; change in HHI = 250
The human resource process and practice of attracting employees to the organization is called ____________.
a. Selection b. Retention c. Recruitment d. Attraction
The chronological record of each complete transaction that has occurred in a business is called the:
A. Cash account. B. Journal. C. Trial balance. D. Account balance. E. Ledger.
A company paid Jen Rogers, its sole stockholder, a total of $35,000 in dividends during the current year. The entry needed to close the dividends account is:
A. Debit Income Summary and credit Cash for $35,000. B. Debit Dividends and credit Retained earnings for $35,000. C. Debit Dividends and credit Cash for $35,000. D. Debit Income Summary and credit Dividends for $35,000. E. Debit Retained earnings and credit Dividends for $35,000.