Which of the following would show support and provide encouragement to teammates?
A) Support team decisions
B) Identify how individual contributions support the larger team effort
C) Focus on improvements
D) Focus on the commitment to the team goals
E) Use collaborative writing
Answer: B
Explanation: B) Individuals appreciate recognition, even when they are working as a team. A good team member will show gratitude for the efforts of others and identify how individual contributions support the larger team effort.
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Customers should be billed for back-orders when
a. the customer purchase order is received b. the backordered goods are shipped c. the original goods are shipped d. customers are not billed for backorders because a backorder is a lost sale
Providing extra amenities to differentiate and support high-priced products is referred to as ________ pricing
A) high-low B) value-added C) target return D) everyday low E) cost-plus
Hastings Company replenished a $500 petty cash fund. The petty cash box contained vouchers of $87 for postage, $173 for supplies, $58 for gasoline, and cash on hand of $182. The journal entry to reflect replenishment would include:
a. debits to expense of $318 b. a debit to Cash for $318 c. a credit to Petty Cash for $318 d. a credit to Cash or $182
GAAP stands for
a. general assets and postings b. gratefully accepted accounting practices c. good accounting acceptability phase d. generally accepted accounting principles e. general administrative activity practices