Which of the following would cause income of the current period to be understated?
a. Capitalizing research and development costs
b. Failure to recognize unearned rent revenue
c. Changing from LIFO to FIFO for merchandise inventory
d. Understating estimates of asset residual values
D
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________ leadership is an example of passive leadership.
A. Defensive B. Laissez-faire C. Transactional D. Tactile E. Neutral
A company that is facing the challenge of pay rate compression might want to increase the size of pay increases for merit-worthy employees and redesign its pay structure to increase the spread between hourly and supervisory employees.
Answer the following statement true (T) or false (F)
McBride Industries completed the following transactions during 2016
Oct. 1 Made sales of $10,000. McBride estimates that warranty expense is 5% of sales. (Record only the warranty expense.) Oct. 24 Paid $250 to satisfy warranty claims. Dec. 31 Estimated vacation benefits expense to be $2,350. Dec. 31 McBride expected to pay its employees a 4% bonus on net income after deducting the bonus. Net income for the year is $25,000. Journalize the transactions (explanations are not required). Round to the nearest dollar. What will be an ideal response
Project management maturity models are NOT used to:
A) Compare practices against an industry standard. B) Define a systematic route for improving project management practices. C) Evaluate current project management practices. D) Ascertain all stakeholders relevant to a project in the conceptualization phase.