A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised at $62,000; the land at $35,000, and the parking lot at $18,000. Land should be recorded in the accounting records with an allocated cost of:
A. $0.
B. $35,000.
C. $100,000.
D. $30,435.
E. $46,087.
Answer: D
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On January 2, 2010, Lester Company, a calendar-year company, issued $40,000 of notes payable, of which $10,000 is due on January 2 for each of the next four years. The proper balance sheet presentation on December 31, 2010, is
a. Current Liabilities, $40,000. b. Current Liabilities, $10,000; Long-Term Liabilities, $30,000. c. Long-Term Liabilities, $40,000. d. Current Liabilities, $30,000; Long-Term Liabilities, $10,000.
Diana and Aidan had lunch together in the conference room. They talked about their new coworker, Morgan, and discussed how she does not seem to have any experience or knowledge of the position. They criticized the company to each other for hiring Morgan. What kind of communication network does this describe?
a. upward communication b. downward communication c. horizontal communication d. informal communication
The element of increasing job satisfaction is most closely related to which factor in Herzberg’s two- factor theory?
a. Influence factors b. Motivators c. Dissatisfaction d. Hygiene factors
What elements would you consider in preparing a presentation that makes a good impression?
What will be an ideal response?