Which of the following statements relating to joint costs in a service business or a not-for-profit (NFP) entity is true
a. A service business can choose either a physical or a monetary allocation base to allocate joint costs.
b. NFP entities are required to allocate joint costs among fund raising, programs, and administrative functions.
c. Three tests must be met for an NFP to allocate an event or publication cost to categories other than fund raising.
d. All of the above statements are true.
d
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Las Palmas Company reported the following items on its financial statements for the year ending December 31, 2016: Sales $ 560,000 Cost of goods sold $400,000 Salary expense 40,000 Interest expense 30,000 Dividends 30,000 Income tax expense 25,000 How much will be reported as retained earnings on Las Palmas' balance sheet at December 31, 2016, if this is the first year of operations?
a. $ 45,000 b. $ 35,000 c. $ 85,000 d. Not enough information is provided.
People with strong expertise or knowledge in an area are more adept a influencing through ______.
a. force b. rational persuasion c. personal relationships d. resources
____________are more willing than the general public is to purchase green products.
a. Greenback greens b. Grousers c. True blue greens d. Basic browns
Answer the following statement(s) true (T) or false (F)
1. Performance appraisal describes the process of identifying, measuring, managing, and developing people in an organization. 2. Acceptability means that the use of the measure is appropriate to the people that must use it. 3. Performance management tools need not be valid and reliable, so long as they are highly acceptable by management and employees. 4. Performance appraisals allow management to make decisions about employees within the organization. assessment of the individual’s performance. 5. Physical actions or behaviors can be directly observed and are therefore more likely to be a valid