Janice was questioned recently about her department's spending in excess of the budget. This is an example of using the budget for performance measurement.

Answer the following statement true (T) or false (F)


True

Business

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In a two-tier wage system, employees doing the same job are paid two different rates, depending on their technical background and training.

Answer the following statement true (T) or false (F)

Business

Which of the following is the correct reversing entry?

A) Depreciation Expense 1,550Accumulated Depreciation 1,550 B) Interest Revenue 2,350Interest Receivable 2,350 C) Salary Expense 1,980Salary Payable 1,980 D) Income Tax Expense 2,500Income Tax Payable 2,500

Business

This type of law involves parties who are seeking a remedy for a civil wrong:

A) criminal litigation. B) civil litigation. C) appellate litigation. D) criminal prosecution.

Business

At a church outing, Kelly learns from one of the participants that he just finished working with a company’s exterior construction work and that the company is planning on redoing the landscaping. Kelly uses the opportunity to contact the company about his landscaping and water conservation products. Kelly is taking advantage of which of the following?

a. insider trading b. private information c. bonds d. linkages

Business