Michaela has been consistently coming in late to work and leaving early. Her supervisor has documented this behavior for a month. Before taking the issue to HR and the manager, the supervisor sits down with Michaela and talks to her about her concerns. At the end of the discussion, the supervisor issues Michaela a(n)
A. threat of suspension.
B. unofficial verbal warning.
C. last chance notification.
D. temporary suspension.
E. termination.
Answer: B
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If the Allowance for Doubtful Accounts has a $1,000 debit balance prior to making the end-of-period adjusting entry for bad debts using the aging of accounts receivable method, then it must mean that the:
A. debit to Bad Debt Expense will be $1,000 less than if the Allowance balance had been $0. B. direct write-off method was used. C. percentage of sales method was used. D. debit to Bad Debt Expense will be $1,000 more than the desired ending balance in the Allowance for Doubtful Accounts.
The degree of compatibility between the firm's existing procedures and personnel skills and the requirements of the new system is called
a. technical feasibility b. operational feasibility c. schedule feasibility d. legal feasibility
Indicate whether each of the following statements about outsourcing decisions is true or false.An outsourcing decision involves a purchase offer from a customer at a lower-than-normal selling price._____Outsourcing would increase a company's level of vertical integration._____To evaluate an outsourcing decision, a manager should compare the avoidable cost of making an item to the cost of buying it._____The decision to outsource a particular product is not affected by the amount of the product needed._____Reliability of the supplier is a critical issue in an outsourcing decision._____
What will be an ideal response?
A document in a job order costing system that is used to record the costs of producing a job is a(n):
A. Job lot. B. Job cost sheet. C. Units-of-production sheet. D. Process cost system. E. Finished goods summary.