Which of the following four perspectives of the balanced scorecard enables management to answer the question, "How can we continue to improve and create value?"
A) financial
B) customer
C) internal business
D) learning and growth
D
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Proctor Inc has a weekly payroll of $8,000 for a 5-day workweek, Monday through Friday. If December 31, the last day of the accounting year, falls on Wednesday, Proctor would make an adjusting entry that would
a. increase wages expense $4,800. b. decrease wages payable $4,800. c. decrease cash $4,800. d. increase wages payable $8,000.
Define the concept of media richness. Which forms of media are more rich and which are less? Explain why this is so, and provide example situations in which the two ends of the spectrum are most appropriate.
What will be an ideal response?
Calculate Moreau Manufacturing's total product costs.
The following information was obtained from Moreau Manufacturing, Inc.:
A) $170,560
B) $654,900
C) $105,000
D) $165,500
On December 31, Strike Company has decided to sell one of its batting cages. The initial cost of the equipment was $215,000 with an accumulated depreciation of $185,000. Depreciation has been taken up to the end of the year. The company found a company that is willing to buy the equipment for $20,000. What is the amount of the gain or loss on this transaction?
A) Gain of $20,000 B) Loss of $10,000 C) No gain or loss D) Cannot be determined