Which of the following is NOT a benefit of the sales and operations planning process?
a. improving product lifecycle management process
b. increasing costs
c. improving financial performance
d. fostering communication between departments
b. increasing costs
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The degree to which a person likes to try new things is called innovativeness
Indicate whether the statement is true or false
The accounting life of intangible assets is determined by
a. their legal lives. b. their useful lives. c. their legal lives or useful lives, whichever is shorter. d. the tax life mandated by the IRS.
A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: Accounts receivable$357,000?debitAllowance for uncollectible accounts 520?debitNet Sales 802,000?creditAll sales are made on credit. Based on past experience, the company estimates 0.4% of net credit sales to be uncollectible. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?
A. Debit Bad Debts Expense $3208; credit Allowance for Doubtful Accounts $3208. B. Debit Bad Debts Expense $1948; credit Allowance for Doubtful Accounts $1948. C. Debit Bad Debts Expense $1428; credit Allowance for Doubtful Accounts $1428. D. Debit Bad Debts Expense $3728; credit Allowance for Doubtful Accounts $3728. E. Debit Bad Debts Expense $2688; credit Allowance for Doubtful Accounts $2688.
Viewing the leader as being “one of us” increases followers’ ______ of the leader due to their social identity with the team.
A. team mental models B. explicit norms C. implicit norms D. positive endorsements