Logistics includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing.
Answer the following statement true (T) or false (F)
False
Materials management includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing.
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A firm purchased an office machine for $18,400, estimated that it will use the machine for 15 years, and estimated a salvage value of $400 . On December 31 of the sixth year, before closing the books for the year, the firm analyzed its estimates of useful life and salvage value. In light of new information, the firm estimated that the machine will have a total useful life of only 10 years, and
the salvage estimate of $400 remains reasonable. The new estimate of the remaining life is five years (the year just ended plus the next four). The depreciation entry on December 31 of the sixth year and each year thereafter is: a. Depreciation Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,200 Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1,200 b. Depreciation Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,400 Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2,400 c. Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . .1,200 Depreciation Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,200 d. Accumulated Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . .2,400 Depreciation Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,400 e. none of the above
Being perceived as an abrasive loner will tend to enhance your stature as a team player in a high-tech company
Indicate whether the statement is true or false.
Which of the following is TRUE regarding the MTM approach?
A) A performance rating factor greater than 1.0 means the worker under observation is working slowly. B) A frequency of less than 1.0 means that the job element is not performed during every cycle. C) A performance rating factor less than 1.0 means the worker under observation is not producing output that has high quality. D) A negative allowance time means that the worker under observation is taking excessive breaks.
An accountant has a duty to comply with court orders, client requests, and Generally Accepted Auditing Standards with regards to disclosure of a client's confidential information
Indicate whether the statement is true or false