Refer to the information above. What is the optimal number of orders per year?
A) 200
B) 100
C) 500
D) 300
E) 400
B
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IFRS does not allow the use of LIFO because it
A) would have to be allowed for tax reporting in each country. B) would result in too many overstatements of income. C) is inconsistent with any presumed physical flow of inventory. D) would have to be the only method permitted.
If accrued salaries were recorded on December 31 with a debit to Salaries Expense and a credit to Salaries Payable, and no reversing entries were made on January 1, the entry to record payment of these wages on the following January 5 would include:
A. A debit to Salaries Payable and a credit to Cash. B. No entry would be necessary on January 5. C. A debit to Cash and a credit to Salaries Payable. D. A debit to Cash and a credit to Prepaid Salaries. E. A debit to Salaries Payable and a credit to Salaries Expense.
What is needed for organizations to become truly inclusive?
*a. a deep conviction in the importance of inclusion b. employee involvement c. global anti-discrimination legislation supportive of the organization environment d. resources to invest in diversity education
Which of the following is not a valid concern about nonunion committees?
A. Employers might appoint only "loyal" employees to the committee, rather than appointing representative employees. B. Employees might become over-empowered. C. Managers might limit the agenda to only cover noncontroversial issues. D. Employees may not be allowed to express concerns about those in authority.