Jones, Inc., a calendar-year taxpayer, is in the air conditioner repair business. The business uses the cash method. In December of the current year, Jones charged $100 of supplies at Refrigeration, Inc., (he will pay the credit card bill in January) and also purchased $600 of supplies at XYZ on open account (he will make a payment on the open account in January). What is the amount that is deductible by Jones, Inc., in the current year?
A. $700
B. $100
C. $600
D. The amounts must be capitalized and charged to expense as used.
Answer: B
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________ is the belief that exerting a high level of effort will result in the successful performance of some task.
A. Equity B. Valence C. Psychological empowerment D. Expectancy E. Instrumentality
The order fulfillment process may be outsourced to a third party so that the outsourcing company can ______.
A. focus on its core business B. pass the increase in prices to end consumers C. circumvent government regulation D. achieve ISO certification
Austin writes programs for a living. He is happy with his company specifically because they allow him to work from anywhere where there is Internet access. He was able to work from home and even when he took his family on vacation. This scenario is an example of
a. Flextime b. Compressed workweek c. Job sharing d. Telecommuting
Answer the following statement(s) true (T) or false (F)
6. Change in an organization is decided and executed by senior leadership. 7. Everyone in an organization is involved in and takes leadership responsibility for change in that organization. 8. Change management is a fairly recent area of study and discipline. 9. Change management theory and analysis is a recent area of study. 10. The case study involving Teachers College, Columbia University, is based on an open system theory of organization