Which of the following is an advantage of career mentoring for the mentee?
A. decreased performance expectations
B. fewer promotions
C. higher salary
D. out-group membership
C. higher salary
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Bass Accounting Services expects its accountants to work a total of 27,000 direct labor hours per year. The company's estimated total indirect costs are $270,000. The company uses direct labor hours as the allocation base for indirect costs. What is the indirect cost allocation rate?
A) $10.00 per hour B) $20.00 per hour C) $100.00 per hour D) $12.00 per hour
Ford's automobile that he uses 100% for business is vandalized. The adjusted basis before the vandalism is $3,000. The fair market value of the car before the vandalism is $7,000, and the fair market value of the property after the vandalism is $2,000. Ford's insurance does not cover vandalism. What is Ford's loss deduction for the current year?
A. $- 0 - B. $1,000 C. $2,000 D. $3,000 E. $5,000
In terms of contract law, consideration means ________
A) mental capacity B) something of real value C) minor status D) duress E) acceptance
Standard costs embody targets. The targets should:
A. be very easy to achieve so everyone gets rewarded B. reflect ideal performance so the company can measure efficiency losses C. be used to evaluate performance and assign blame D. reflect a particular management team's goals E. none of the above