In the 1960s, social responsibility was driven primarily by external, socially conscious motivations, and businesses were_______________________
a. using it as leverage to penetrate new markets.
b. felt giving was socially unimportant.
c. looking for something in return.
d. not looking for anything specific in return.
d. not looking for anything specific in return.
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Using a periodic inventory system, Bertram Company records inventory at lower of cost or market using the allowance method. The end-of-the-year journal entries to adjust inventories would include ?
A) ?a debit to Inventory to close beginning inventory at cost value. B) ?a debit to Inventory to close ending inventory at market value. C) ?a debit to Loss Due to Market Valuation for the excess of cost over market value. D) ?a credit to Allowance to Reduce Inventory for the excess of market over cost value.
In chapter 9 of your textbook, which one of the following is defined as the creation, dissemination, and transformation of knowledge?
a. Communication b. Learning c. Knowledge management d. Teaching
Beginning inventory for the month contained 3,000 units that were 60 percent complete with respect to materials. During the month, 50,000 units were completed and transferred out. Ending inventory contained 5,000 units, 30 percent complete with respect to materials. The weighted average equivalent units of production for materials for the month would be
A) 50,000 B) 51,500 C) 50,300 D) 49,500
A capital expenditures budget shows dollar amounts estimated to be spent to purchase additional plant assets and amounts expected to be received from plant asset disposals.
Answer the following statement true (T) or false (F)