Ski Master Company pays weekly salaries of $18,000 on Friday for a five-day week ending on that day. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Wednesday
Salaries Expense [($18,000/5) × 3] 10,800
Salaries Payable 10,800
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Answer the following statements true (T) or false (F)
1. An annual report provides information about a company's financial condition. 2. A quarterly report filed with the Securities and Exchange Commission is called a Form 10-K. 3. Management's discussion and analysis of financial condition and results of operations section of the annual report is the company's attempt to explain its financial statements and discuss its performance. 4. The audit report in the annual report is prepared by an internal auditor of a company. 5. The audit report in the annual report attests to the fairness of the presentation of the financial statements.
Maya is dreading the next project in her communication class because she knows the professor wants her to work with classmates to complete a large presentation. Maya has nothing against the people in her class, but she has had bad experiences in past classes with apathetic group members who expect her to do all the work. Maya’s feelings of dread are called ______.
a. communication negativity b. identity formation c. brainstorming d. grouphate
Companies make capacity planning decisions for the medium term through ______.
A. capacity requirements planning (CRP) B. capacity Pareto planning (CPP) C. production requirements planning (PRP) D. distribution requirements planning (DRP)
Budgets are normally more effective when all levels of management are involved in the budgeting process.
Answer the following statement true (T) or false (F)