The four main objectives of a business are profit, _________________________, growth, and _________________________.
Fill in the blank(s) with the appropriate word(s).
survival, social responsibility
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The difference between a harshness bias and a leniency bias is that
A. the former involves judging others more negatively when they are like oneself, and the latter involves judging others more positively when they are like oneself. B. the former involves selecting employee ratings in the middle of a scale, and the latter involves selecting employee ratings toward the end. C. the former involves rating employees more severely than their performance merits, and the latter involves rating employees more favorably than their performance merits. D. the former involves assigning similar scores to items that are near each other on a questionnaire, and the latter involves leaving out items placed close together.
Meagan Co. has the following errors on its books as of December 31, 2018. The books for 2018 have not yet been closed. a.On January 1, 2016, a truck had been purchased for $28,000. The truck had an estimated life of eight years, but it was expensed in error. Straight-line depreciation with $2,000 salvage value should have been used.b.On January 1, 2017, the company recorded the purchase of a machine in exchange for a four-year, noninterest-bearing note in the amount of $20,000. Interest rates were then 10%, but no recognition was made of that fact. The present value of $1 at 10% for four periods is 0.683013. (Ignore depreciation.)? Required:Prepare journal entries to correct these errors at December 31, 2018. Ignore income taxes.
What will be an ideal response?
On July 1 of the current year, a company paid $200,000 to purchase 7%, 10-year bonds with a par value of $200,000; interest is paid semiannually on June 30 and December 31. The company intends to hold the bonds until they mature. Prepare the journal entries to record (1) the bond purchase, (2) the receipt of the first semiannual interest payment on December 31 of the current year, and (3) the receipt of the second semiannual payment on June 30.
What will be an ideal response?
In 2015, the largest generation in the workforce was:
A. Centennials. B. Millennials. C. Generation X. D. Baby boomers.