Carrying costs would include all of the following except:
a. Warehouse rent.
b. Inspection employees' wages.
c. Losses due to obsolescence.
d. Property taxes.
b
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Which theory of attitudes states that people are motivated to take action to resolve inconsistencies between attitudes and behaviors?
A) Theory of cognitive dissonance B) Self-perception theory C) Social judgement theory D) Balance theory
Interest cost relating to defined-benefit pension plans represents the
a. increase in projected benefit obligation as a result of recomputing the firm's pension obligation when estimated turnover and other relevant factors related to the pension are reassessed. b. increase in the projected benefit obligation during the year resulting from all factors affecting the projected benefit obligation. c. increase in the projected benefit obligation from the beginning of the year to the end of the year solely due to the passage of time. d. expected return on the plan assets for the year.
Equipment with a cost of $160,000, an estimated residual value of $40,000, and an estimated life of 15 years was depreciated by the straight-line method for 4 years. Due to obsolescence, it was determined that the useful life should be shortened by 3 years and the residual value changed to zero. The depreciation expense for the current and future years is
A) $11,636 B) $16,000 C) $11,000 D) $8,000
In the context of making ethical decisions, knowing what actions are morally defensible is referred to as moral
A. characteristic. B. judgment. C. character. D. awareness. E. right.