The salary allocation to partners used in dividing net income would also appear as salary expense on the partnership income statement
a. True
b. False
Indicate whether the statement is true or false
False
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Answer the following statement(s) true (T) or false (F)
1. Confirmation bias is the propensity to over-rely on information recollected from memory when making a decision. 2. An ethical dilemma is defined as conflicts between two or more morally pleasant alternatives. 3. The key to being an ethical person or organization is to consistently choose to do the right thing. 4. There are three main ethical decision-making approaches: utilitarian approach, rights approach, and objectivity approach. 5. The rights approach of ethical decision making fosters decisions made on moral principles that infringe as little as possible on the entitlements of others.
Project members may be from:
A) Different departments. B) Other organizational units. C) One functional area. D) All of the above.
What is the after-tax cost of preferred stock if its price is $25 per share and it pays a $1 per share dividend? Assume the firm's marginal tax rate is 25% and there are no flotation costs
A) 5% B) 9% C) 3% D) 4% E) 1%
A test that measures a range of intellectual skills, including verbal comprehension and numerical aptitude, is a(n) ________ test.
A. personality B. cognitive ability C. mechanical dexterity D. interest inventory E. assessment center