What is good advice about personal values?
A. focus on intrinsic values that are naturally satisfying
B. avoid focusing on acquiring wealth and possessions
C. try to find a good fit between your values and your organization’s values
D. all of these
D. all of these
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Dividends received from available-for-sale investments are recorded with a debit to the Dividend Revenue account
Indicate whether the statement is true or false
Bridges and Lloyd, an accounting firm, provides consulting and tax planning services. For many years, the firm's total administrative cost (currently $250,000) has been allocated to services on the basis of billable hours to clients. A recent analysis found that 65% of the firm's billable hours to clients resulted from tax planning services, while 35% resulted from consulting services. The firm, contemplating a change to activity-based costing, has identified three components of administrative cost, as follows: Staff Support$180,000 In-house computing charges 50,000 Miscellaneous office costs 20,000 Total$250,000 A recent analysis of staff support found a strong correlation between the number of staff personnel and the number of clients served (consulting, 20; tax planning,
60). In contrast, in-house computing and miscellaneous office cost varied directly with the number of computer hours logged and number of client transactions, respectively. Consulting consumed 30% of the firm's computer hours and had 20% of the total client transactions.Assuming the use of activity-based costing, the proper percentage to use in allocating staff support costs to tax planning services is: A. 20%. B. 60%. C. 80%. D. 65%. E. 75%.
The Sharper Image likes to use nonpersonal communication in news story form such as press releases for its new and improved products. This is an example of
A. sales promotion. B. direct marketing. C. personal selling. D. publicity. E. social media.
Jan is a veteran HR manager and she still prefers to solicit applications through newspaper advertisements. Her argument is that she will get better candidates. Is she correct?
Answer the following statement true (T) or false (F)