Elaine saw statistics showing that union employees make an average of 30 percent more than nonunion workers, so when she was looking for a new job, she looked for one at a company that was unionized. Elaine was motivated by
A. economic needs.
B. social needs.
C. status needs.
D. dissatisfaction with management.
Answer: A
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Andromeda Industries had 300,000 shares of common stock with a $3 par value and retained earnings of $180,000 at January 1, 2011 . In 2011, the stock was split 3 for 1 . In 2010, earnings per share were $1.80 . Which of the following would not result from the stock split?
a. The new shares would total 900,000. b. The total amount in the capital stock account would remain the same. c. The par value would become $1. d. Retained earnings would be reduced. e. The earnings per share for 20 years prior to the split would be reduced.
One advantage of a(n) ______ is that it broadens individual outlook.
A. group incentive B. executive incentive C. individual incentive D. professional incentive
The ___________ was based on a challenge by former Secretary-General of the United Nations Kofi Annan for businesses to adopt universal environmental and social principles.
a. The Caux Round Table Principles b. Kyoto Treaty c. The Organization of Economic Co-operation and Development guidelines for multinational enterprises d. The United Nations Global Impact
Factory overhead was applied to completed jobs at the rate of 40% of direct labor costs. At the end of the year, several jobs were still in process. The job cost ledger shows direct labor costs of $7,000 . The proper journal entry for this adjustment is as follows:
a. A complete adjustment cannot be made due to lack of sufficient information. b. Debit Factory Overhead $2,800, credit Work in Process Inventory $2,800. c. Debit Work in Process Inventory $4,200, credit Factory Overhead $4,200. d. Debit Factory Overhead $4,200, credit Work in Process Inventory $4,200. e. Debit Work in Process Inventory $2,800, credit Factory Overhead $2,800.