A backward schedule tells when an order must be started in order to be done by a specific date.

Answer the following statement true (T) or false (F)


True

Backward scheduling starts from some date in the future (possibly a due date) and schedules the required operations in reverse sequence. The backward schedule tells when an order must be started in order to be done by a specific date.

Business

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Lucky Company purchased a truck at a cost of $12,000 in 2010 . As of January 1, 2015, depreciation of $10,000 had been recorded on this asset. Depreciation expense for 2015 is $2,000 . After the adjustments are recorded and posted at December 31, 2015, what is the carrying value of the truck?

a. $ 2,000 b. $ 5,500 c. $12,000 d. $ -0-

Business

For an employee at an organization, an annual appraisal can be considered a critical life event that impacts his or her consumption behavior

Indicate whether the statement is true or false

Business

Servant leadership has been called a paradox because ______.

A. it is not a trait but a behavior that can be learned B. it asks leaders to serve and influence others at the same time C. it is both a theory and an approach D. followers grow while being served

Business

2/15 net 45 translates as ________

A) 15 percent cash discount if paid in 2 days, net 45-day credit period B) 45 percent of account due in 15 days, payment prior to day 15 receives a 2 percent discount C) 2 percent cash discount if paid prior to 15 days, if customer does not take a cash discount, the balance is due in 45 days D) 2 percent of the balance is due in 15 days, the remaining balance is due in 45 days

Business