Which of the following was identified as a notable research program within management practices?

a. MacGregor’s Theory X and Y
b. Blake and Mouton’s managerial grid
c. Herzberg’s studies of worker motivation
d. all the above


d. all the above

Business

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Hermine Company wrote off an $700 uncollectible account receivable against the allowance for doubtful accounts with a balance of $2,000 . The current ratio after the write-off of the uncollectible account

a. would be less than before the write-off of the account. b. would be greater than before the write-off of the account. c. would be the same as before the write-off of the account. d. cannot be determined with the information given.

Business

When purchases of merchandise are made on account and the perpetual method is used, the transaction would be recorded with the following entry: ________

a. debit Merchandise Inventory, credit Accounts Payable b. debit Accounts Payable, credit Merchandise Inventory c. debit Purchases, credit Sales d. debit Merchandise Inventory, credit Cash

Business

If comparative balance sheets indicate no notes receivable on the preceding year and a $48,000 note receivable on the current year, the increase of $48,000

A) can be stated as 0% B) can be stated as 100% increase C) cannot be stated as a percentage D) can be stated as 500% increase

Business

A job cost sheet was partially destroyed but the amount for direct materials of $42,000 and the total amount for the job of $132,000 were still visible. Factory overhead is applied at 50% of direct labor. The amount of direct labor charged to the job:

a. is $30,000 b. is $90,000 c. is $40,000 d. is $60,000 e. Cannot be determined from the information provided.

Business