When a merchandising company uses the periodic inventory method, the work sheet shows which of the following?
a. the ending Cost of Goods Sold balance in the Income Statement Debit column; b. the ending Merchandise Inventory balance in the Income Statement Debit column; c. the ending Income Summary balance in the Income Statement Debit column; d. the ending Purchases balance in the Income Statement Debit column; e. the ending Unearned Revenue balance in the Income Statement Debit column.
D
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Alicia was hoping to get promoted in the next 6 months. She had done all the things she thought she needed to do, and her boss had told her as much in their informal conversations. When her file went up for review, she was denied the promotion because there was no documentation of her achievements and performance on file. Though she appreciated informal praise for her work, what Alicia needed was
a. a boss that went to bat for her. b. employee reviews in her file. c. more experience. d. none of the above
Compatibility Services acquired an $80,000 machine on January 1, 20X3. The machine is estimated to have a useful life of 8 years, and a residual value of $4,000. For units-of-production depreciation purposes, the machine is expected to produce 400,000 units. If Compatibility Services uses straight-line depreciation, what is the depreciation expense in 20X4?
A) $4,000 B) $ 9,500 C) $80,000 D) $8,000
Events A and B are mutually exclusive with P(A) = .3 and P(B) = .2 . The probability of the complement of event B equals _____
a. 0 b. .06 c. .70 d. None of the answers is correct.
Implicit ethics programs are implemented through:
A) Performance measures B) Corporate culture C) Valued behaviour D) Reward systems E) All methods are included.