It is reasonable for an HR manager to assume that willful violations of safety and health laws and regulations will result in more severe penalties.
Answer the following statement true (T) or false (F)
True
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Changing inventory methods to take advantage of the tax breaks offered by LIFO is not a valid reason for a change in methods
a. True b. False Indicate whether the statement is true or false
Austin began his sales presentation by stating, "All organizations strive to operate more efficiently." Then, he proceeded to explain why his company's computer network system operates more efficiently than other systems. He concluded his presentation by saying, "So, you have to agree that you should buy my company's system." Austin was using ________ to make his sale.
A. a prestige suggestion B. counter-offering C. empathy D. choice narrowing E. logical reasoning
On April 1, Year 1, Astor Corp. purchased and placed a plant asset in service. The following information is available regarding the plant asset: Acquisition cost $130,000Estimated salvage value$15,000Estimated useful life 5 yearsMake the necessary adjusting journal entries at December 31, Year 1, and December 31, Year 2 to record depreciation for each year under the straight-line depreciation method.
What will be an ideal response?
Andre's Tennis Club sells season memberships for $1,500 each. During January of 2012, 50 season memberships were sold. As of March 31, 2012, only $45,000 of season membership fees had been collected from customers. The tennis season runs for 6 months starting April 01, 2012. Which one of the following is an amount reported on the Balance Sheet dated March 31, 2012?
A) Unearned tennis membership revenue of $45,000 B) Unearned tennis membership revenue of $37,500 C) Accounts Receivable $75,000 D) Tennis membership revenue of $45,000