Alexander supervises three workers who repair watches in the jewelry department. He bases his performance appraisal of the workers on the number of watches each employee repairs each week. It appears that Alexander is basing his appraisal on ________.
A. traits
B. behaviors
C. results
D. incidents
E. None of the above
C. results
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On January 1, Year 2, Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $66,200 and $1900, respectively. During Year 2, Kincaid reported $166,000 of credit sales, wrote off $1400 of receivables as uncollectible, and collected cash from receivables amounting to $185,700. Kincaid estimates that it will be unable to collect one percent (1%) of credit sales.Which of the following describes the effects of Kincaid's entry to recognize the write-off of the uncollectible accounts?
A. Does not affect assets or stockholders' equity. B. Increase assets and stockholders' equity. C. Increase assets and decrease stockholders' equity. D. Decrease assets and stockholders' equity.
An annuity, five years certain, makes payments to the annuitant:
A) for 5 years or until the annuitant's death, whichever event happens last B) for only the first 5 years of the liquidation period C) only if the insured dies within the first five years D) for 5 years or until the annuitant's death, whichever event happens first
Transistors were the major technology used during the _____ generation of computers
a. first c. third b. second d. fourth
A deficit in current E & P is treated as occurring ratably during the year, unless the taxpayer can show otherwise
a. True b. False Indicate whether the statement is true or false