What should you keep in mind when discussing the reasons in a bad-news message?
The explanation should convince the reader that the decision is reasonable. The reasons should be presented honestly and convincingly. If possible, reader benefits or third-party benefits should be discussed. Above all, don't sound selfish, don't manufacture reader benefits, and don't hide behind company policy. Indicate that the decision was a business decision, not a personal one. Avoid mentioning weak reasons.
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In a standard cost system, Work in Process Inventory is ordinarily debited with
a. actual costs of material and labor and a predetermined overhead cost for overhead. b. standard costs based on the level of input activity (such as direct labor hours worked). c. standard costs based on production output. d. actual costs of material, labor, and overhead.
Which of the following organizations was formed in an attempt at economic integration, and has also been concerned with harmonization of accounting standard of its member nations?
a. The International Accounting Standards Committee b. The International Federation of Accountants c. The European Union d. The International Organization of Security Commissions
A negotiable instrument can function as an extension of credit.
Answer the following statement true (T) or false (F)
Will signs a check payable to "cash" and gives it to Yves. This check is
A. negotiable. B. nonnegotiable, because it does not indicate a specific payee. C. nonnegotiable, because it is not signed by the payee. D. nonnegotiable, because "Yves" is not "cash."