Performing at a high level and conducting oneself with purpose and pride is an example of what?
A) Ethical behavior
B) Strong communication skills
C) Being a team player
D) Ethics
E) Professionalism
Answer: E
Explanation: E) Professionalism is the quality of performing at a high level and includes making meaningful contributions. Distinct traits of professionalism include striving to excel, being dependable and accountable, being a team player, demonstrating etiquette, making ethical decisions and maintaining a positive outlook.
Learning Obj.: LO 1.2: Explain what it means to communicate as a professional in a business context.
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____________________ is the account that reflects the loss from failure to collect an account receivable
Fill in the blank(s) with correct word
A transaction in which the Fed agrees to buy a security one day and sell it back the next day is referred to as a(n)
A. overnight securitization operation. B. repurchase agreement. C. legal tender. D. rebate sale.
An important requirement of many laws and regulations governing products and services is that ______.
A. companies deliver value for the consumer B. companies meet certain quality standards C. companies deliver products and services at low prices D. companies deliver products and services within a short time of being ordered
Franklin Manufacturing uses a job order costing system that charges overhead to jobs on the basis of direct labor cost. Franklin used the following cost predictions: overhead costs $1,285,750, and direct labor costs of $695,000. At year-end, the company's records show that actual overhead costs for the year are $1,278,800, and actual direct labor costs are $692,000.a. Determine the predetermined overhead rate for the year.b. Compute the amount of overapplied or underapplied overhead.c. Prepare the adjusting entry for over- or underapplied overhead, assuming the amount is immaterial.
What will be an ideal response?