______ are extra financial benefits usually provided to top employees in many businesses.

A. Golden parachutes
B. Merit payments
C. Perquisites
D. Loafers


C. Perquisites

Business

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The Merchandise Inventory account of a company shows a balance of $30,000, but a physical count of inventory shows $29,000. Which of the following entries is required to record the shrinkage? (Assume a perpetual inventory system.)

Business

Countries outside the U.S. use financial accounting standards issued by the:

A) LLC B) SEC C) IASB D) GAAP

Business

Bradford College in Iowa is interested in recruiting new students from Nebraska. First it must decide

a. whether to aim its communication at high school counselors or high school students b. whether to use direct mail or Web c. whether to offer a fee weekend visit to the campus d. How much money to use in different media e. what advertising copy to use in which media

Business

A manufacturer of playground equipment has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below:  Denominator level of activity 5,800DLHs Fixed overhead cost$58,870  The following data pertain to operations for the most recent period:     Actual hours 6,100DLHs Standard hours allowed for the actual output 6,018DLHs Actual total fixed manufacturing overhead cost$58,320  The fixed manufacturing overhead volume variance for the period is closest to: (Round your intermediate calculations to 2 decimal places.)

A. $2,113 F B. $832 U C. $2,213 F D. $3,045 F

Business