Which of the following is not a defense mechanism used by people who do not want to acknowledge that they are behaving badly
A) acceptance
B) denial
C) a false sense of security
D) revenge
A
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The following information was taken from the financial statements of Ashley's Linens: Total current assets $ 53,000 Property, plant, and equipment 6,000 Current liabilities 21,000 Long-term liabilities 4,000 Owner's equity 34,000 Beginning inventory 31,000 Ending inventory 33,000 Cost of goods sold 152,000 Net income 42,000 The working capital of Ashley's Linens is
a. $32,000. b. $33,000. c. $34,000. d. $38,000.
A truck that cost $12,000 and on which $9,000 of accumulated depreciation has been recorded was disposed of on January 1 . If the truck was discarded as having no value, the entry to record this event is:
a. Truck 12,000 Accumulated Depreciation— Truck 12,000 b. Truck 9,000 Accumulated Depreciation— Truck 9,000 c. Accumulated Depreciation— Truck 12,000 Truck 9,000 Gain on Sale of Equipment 3,000 d. Accumulated Depreciation— Truck 9,000 Loss on Sale of Truck 3,000 Truck 12,000
The practice of carefully timing the recognition of revenues and expenses to even out the amount of reported earnings from one year to the next is called
a. revenue recognition. b. income smoothing. c. restructuring. d. accrual-basis accounting.
When conducting a selection interview, Maria described the job to the candidate and answered the candidate’s questions about the job. Then Maria asked whether the candidate was still interested in the job. The candidate was no longer interested. Maria thanked the candidate for coming in and closed the interview. Maria’s interview ended at the ________ step.
A. open the interview B. present the realistic job preview C. ask your questions D. behavioral question E. analysis