In the ______ model of group development, a transition seems to occur at about the midway point between the first meeting and the official deadline at which point the group seems to get a wake-up call and drops the previous patterns of behavior and perspectives in favor of a new direction and enhanced activity.
A. face-to-face interactions
B. virtual globe teams
C. temporal rhythms
D. punctuated equilibrium
D. punctuated equilibrium
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Why should a code of ethics be put into writing regardless of the size of the business?:
a. It adds value to the share price b. It helps stakeholders know which behaviors are acceptable and which are not c. It satisfies the needs of the board d. It helps profits
Which of the following is most acceptable for business writing?
A) Please think about the new insurance option. B) Caltrek experienced a change in profits during the last fiscal year. C) Retailers can expect to pay higher amounts for their goods and services. D) Sheila will examine the job proposal carefully.
Darrin Products uses a job-costing system for its units, which pass from the Machining Department, to the Assembly Department, to finished-goods inventory. The Machining Department is heavily automated; in contrast, the Assembly Department performs a number of manual-assembly activities. The company uses machine hours to apply manufacturing overhead to products in the Machining Department, and direct labor cost to apply manufacturing overhead to products in the Assembly Department.The following information relates to the Machining Department for the year just ended:Budgeted manufacturing overhead$12,000,000Actual manufacturing overhead12,142,000Budgeted machine hours 800,000Actual machine hours794,000The Machining Department data that follow pertain to job no. 775, the only job in
production at year-end.Direct materials$125,000Direct labor cost61,800Machine hours550Required: A. Assuming the use of normal costing, calculate the predetermined overhead rate that is used in the Machining Department.B. Compute the cost of the Machining Department's year-end work-in-process inventory.C. Determine the amount that overhead was under- or overapplied during the year in the Machining Department. Indicate whether it is overapplied or underapplied.D. If Darrin disposes of the Machining Department's under- or overapplied overhead as an adjustment to Cost of Goods Sold, would the company's Cost-of-Goods-Sold account increase or decrease? Explain.E. How much overhead would have been charged to the Machining Department's Work-in-Process account during the year?F. Comment on the appropriateness of direct labor cost to apply manufacturing overhead in the Assembly Department. What will be an ideal response?
Which of the following will not result in dissolution of the partnership by court decree?
A) Insanity of a partner. B) Incapacity of a partner. C) Withdrawal of a partner. D) Habitual drunkenness of a partner.