Which is NOT a function of Human Resources?
A. conducting job analyses
B. providing benefits and compensation systems
C. expecting extra hours of work without extra compensation
D. providing adequate training and development
C. expecting extra hours of work without extra compensation
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If the average aggregate inventory value is $100,000 and the cost of goods sold is $450,000, which of the following is inventory turnover?
A. 0.2222 B. 4.5 C. 0.8654 D. 19.23 E. None of these
Miguel Foods, Inc purchased a patent at the beginning of 2013 for $350,000 . Economic benefits were expected for 7 years, but the patent's legal life was 20 years. Also during 2013, the company incurred research and development costs of $270,000 . Patent amortization expense for 2013 is
a. $11,000 b. $17,500 c. $31,000 d. $50,000
A work sheet contains all of the balances for each account and therefore may be used as a substitute for the set of financial statements.
Answer the following statement true (T) or false (F)
According to Kevin Bahr, which of the following is a cause for conflicts in the financial markets?
A. Long-term executive greed versus short-term shareholder wealth B. Self-regulation of the accounting profession C. The independence and expertise of audit committees D. The presence of shareholder activism