On January 2, 2012 . Lynch Company acquired machinery at a cost of $800,000 . This machinery was being depreciated by the double-declining-balance method over an estimated useful life of eight years, with no residual value. At the beginning of 2014, Lynch decided to change to the straight-line method of depreciation. Ignoring income tax considerations, the cumulative effect of this accounting
change is
a. $0.
b. $100,000.
c. $155,556
d. $177,778
A
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Christine prefers not to deviate from the practices she has always used as a U.S. manager, even though she is now working at an Asian subsidiary. She has been heard saying that she is "just ensuring the job gets done right." Christine is most likely a(n) ________ manager.
A. ethnocentric B. concentric C. prejudicial D. polycentric E. geocentric
If an internal ______ is combined with an internal preview, a bridge to the next section of the speech is created.
a. wrap b. summary c. transition d. phrase
Compound entries are entries containing
a. only one debit and one credit; b. cash; c. more than one debit and/or more than one credit; d. a revenue account and an expense account; e. an entry posted to a ledger.
______ is the fairness of the decision or outcome.
a. Interactional justice b. Distributive justice c. Procedural justice d. Informational justice