Which of the following is false in regards to direct materials for an auto manufacturer?
A) Steel would probably be a direct material.
B) Upholstery fabric would probably be a direct material
C) Oil to lubricate factory machines would not be a direct material.
D) Small plastic clips to hold on door panels, because they become part of the auto, must be accounted for as direct materials.
D
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In any given accounting period, the amount a firm reports as income before income taxes for financial reporting in comparison to the amount of taxable income that appears on its income tax return may differ due to temporary differences. The temporary differences may create a deferred tax asset due to
a. providing for estimated warranty costs in the year a firm sells the warranted product but claiming a tax deduction later, when the firm makes actual expenditures for warranty repairs. b. reporting bad debt expense in the year a firm makes a credit sale, but claiming a tax deduction later, when the firm writes off specific uncollectible accounts. c. interest revenue on municipal bonds. d. choices a and b. e. choices a, b, and c.
Early retirement as a method of downsizing has all of the following disadvantages except:
A. The wrong types of people may take the offer. B. People may perceive that they are being forced out. C. Too many employees may take the offer. D. Too few employees may take the offer. E. Workers with the least experience and fewest skills are most likely to leave.
A(n) ____________________ is a written promise by one party to pay a certain sum of money to another party
Fill in the blank(s) with correct word
Which of the following is not one of the potential liabilities of charismatic leaders?
a. They often fail to manage details. b. They don’t develop their successors. c. They fail to reach their goals. d. They creative disruptive in-group and out-groups.