Which of the following is/are true regarding T-accounts?
a. for each transaction, the amount entered on the left side of (or debited to) the accounts for each transaction equals the amount entered on the right side of (or credited to) the accounts.
b. recording equal amounts of debits and credits for each transaction ensures that the balance sheet equation will always balance.
c. one side of the space formed by the vertical line records increases in the item and the other side records decreases.
d. all of the above
e. none of the above
D
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The depreciation method using a steadily decreasing rate applied to the depreciable cost of the asset, resulting in successively smaller depreciation charges over the life of the asset, is called
a. the double-declining-balance method; b. the sum-of-the-years'-digits method; c. the units-of-production method; d. the straight-line method; e. amortization
It is important to develop a sense of play when delivering speeches because
a. many of your problems will be minor and only you will notice. b. it will help you shrug off any major problems. c. the audience will see you're being a casual speaker. d. you won't need to stay with your outline as much.
Explain business strategy as an overarching strategy
What will be an ideal response?
Renee and Lisa are discussing ways in which their company's turnover can be reduced. Renee thinks that the employees can be retained by increasing internal promotions. Lisa thinks that the employees can be retained by increasing their salaries. Renee wants to express her disagreement with Lisa in a tactful way. Which of the following spoken statements would best help her do this? A. You are
wrong, Lisa, because our company pays its employees much more than othercompanies. B. Your ideas will not work, Lisa, because our employees are already satisfied with their pay. C. Your point of view certainly has merit, Lisa, but I have doubts because our company's payalready exceeds industrial standards. D. Your idea will fail to reduce employee turnover, Lisa; you should already know that our company pays the most in the industry.