If a sale is made with a bank credit card, the seller debits Cash and credits Sales for the same amount.
Answer the following statement true (T) or false (F)
False
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Regional free trade zones exist around the world. One of the oldest is the European Union, formed in 1957. Describe the purpose of the EU and discuss some of the benefits to firms engaged in trade within the European Union
What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
1. Entering employee payroll information is an example of an HR transactional activity. 2. Recruiting new employees from the external labor market is an example of an HR transactional activity. 3. The recruitment and training functions of an HR department are traditional activities. 4. The continual interaction between HRIS and the HR program evaluation results is the main factor in the use of the HR workforce scorecard. 5. Management information systems (MIS) refer to structured information flows of business functions to aid managers in performing traditional activities.
Kisler Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Total budgeted manufacturing overhead$70,035 Budgeted production 15,000unitsStandard hours per unit (b) 0.70machine-hoursBudgeted hours (a) × (b) 10,500machine-hours Actual production (a) 14,000unitsStandard hours per unit (b) 0.70machine-hoursStandard hours allowed for the actual production (a) × (b) 9,800machine-hoursTotal actual manufacturing overhead$97,489 ?The predetermined overhead rate is closest to:
A. $6.67 per machine-hour B. $4.67 per machine-hour C. $6.96 per machine-hour D. $9.95 per machine-hour
The Family Medical Leave Act provides for up to how much unpaid leave per year?
a. 5 weeks b. 12 weeks c. 7 weeks d. 19 weeks e. 13 weeks