All accountants must be licensed as Certified Public Accountants

Indicate whether the statement is true or false


F

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Performance appraisals generally fulfill two functions. The first is to identify individual strengths and weaknesses and to develop action plans for improving performance. The second involves salary or merit adjustments. Why should these two functions be addressed at different times?

A. If employees are upset over a salary adjustment, they will more willing to listening to ways they can improve B. If the manager is giving employees good news regarding their salary adjustment, they will not have to discuss the employees' strengths and weaknesses C. It is too much information to discuss at once D. Managers tend to spend too much time talking about how the employee can improve his or her performance and not on justifying the salary adjustment E. Employees are so eager to learn about a potential raise that they tend to tune out constructive feedback

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The bona fide occupational qualification (BFOQ) defense:

a. applies to intentionally discriminatory policies but not to neutral policies that result in discrimination b. permits race or color to be used as selection criteria, but only under circumstances where employers can make a very strong case for why that is necessary c. is the only means by which employers can avoid liability for facially discriminatory policies or practices d. all of the above e. none of the above

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The control limits for an np chart are how many standard deviations above and below the expected number of defectives?

a. one b. two c. three d. four

Business

There are two basic types of cost accounting systems: job order costing and periodic costing.

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

Business