Joint costs that are incurred before the split-off point should be ignored while making a decision to sell or process a product further
Indicate whether the statement is true or false
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The key functions of planning and forecasting HR needs, analyzing jobs to determine required skills, assisting in recruiting, and helping new hires adjust to their work environment is the job position of the manager of:
a. personnel appraisal and development b. employee and industrial relations c. HR systems d. personnel planning and staffing
The employees at Wegners Market were interested in unionizing because they saw statistics showing that union workers are more likely to have guaranteed pensions than nonunion employees. They were motivated by
A. economic needs. B. dissatisfaction with management. C. social needs. D. status needs.
Bond A has a 9% annual coupon, while Bond B has a 7% annual coupon. Both bonds have the same maturity, a face value of $1,000, an 8% yield to maturity, and are noncallable. Which of the following statements is CORRECT?
A. Bond A's capital gains yield is greater than Bond B's capital gains yield. B. Bond A trades at a discount, whereas Bond B trades at a premium. C. If the yield to maturity for both bonds remains at 8%, Bond A's price one year from now will be higher than it is today, but Bond B's price one year from now will be lower than it is today. D. If the yield to maturity for both bonds immediately decreases to 6%, Bond A's bond will have a larger percentage increase in value. E. Bond A's current yield is greater than that of Bond B.
On July 1 Plum Co. paid $7,500 cash for management services to be performed over a two-year period. Plum follows a policy of recording all prepaid expenses to asset accounts at the time of cash payment. On July 1 Plum should record:
A. A debit to an expense and credit to Cash for $7,500. B. A debit to an expense and credit to a prepaid expense for $7,500. C. A debit to Cash for $7,500 and a credit to an expense for $7,500. D. A credit to a prepaid expense and a debit to Cash for $7,500. E. A debit to a prepaid expense and a credit to Cash for $7,500.