You have witnessed one of your co-workers engaged in behavior that constitutes sexual harassment of one of the department secretaries. The secretary has spoken with you about the behavior and her concerns. She has also said, "Let me handle it." It seems that she is not able to handle it because the behavior has continued. You should:
a. Talk with her again.
b. Report the behavior.
c. Talk with your co-worker.
d. Any of the above
.D
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Under the percentage of receivables method, the adjusting entry at the end of the period for bad debt expense is not affected by the current balance in the allowance for bad debts account
a. True b. False Indicate whether the statement is true or false
Smith believed that even though people would be tempted by selfishness--concern only for the self--a combination of their moral sentiments and an independent system of justice would foster behavior based on self-interest, or concern for the self in relation to others.
What will be an ideal response?
The following information regarding fixed production costs from a manufacturing firm is available for the current year: Fixed costs in the beginning inventory $ 16,000 Fixed costs incurred this period 100,000 Which of the following statements is not true?
a. The maximum amount of fixed production costs that this firm could deduct using absorption costs in the current year is $116,000. b. The maximum difference between this firm's the current year income based on absorption costing and its income based on variable costing is $16,000. c. Using variable costing, this firm will deduct no more than $16,000 for fixed production costs. d. If this firm produced substantially more units than it sold in the current year, variable costing will probably yield a lower income than absorption costing.
A retailer takes 4 days to process an order and the supplier takes 12 days to deliver merchandise. The retailer should begin to order merchandise how many days before the old inventory runs out?
a. 3 days b. 4 days c. 16 days d. 48 days