What is the ultimate objective of accounting information?
A) faithful representation
B) decision usefulness
C) relevance
D) predictive value
B
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Exhibit 15-5 On January 1, 2016, Roberts Company adopts a compensatory share option plan and grants 40 executives 1,000 shares each at $30 a share. The fair value per option is $7 on the grant date. The company estimates that its annual employee turnover rate during the service period of three years will be 4%. ? Refer to Exhibit 15-5. At the end of 2017, the company estimates that the employee
turnover will be 5% a year for the entire service period. At the end of 2018, only 30,000 options vest as only 30 of the 40 executives actually remain. The compensation expense for 2018 will be (Round off turnover calculations to three decimal places and answer to the nearest dollar.) A) $49,957 B) $70,000 C) $80,022 D) $82,575
Upon completion of FMLA leave, the employee will return to work to:
A. any open position B. an equivalent position C. a position of promotion D. any part-time position E. None of the above
Telescopic Inc., a web development firm, is headed by Rob Dennis, the CEO. Each functional department of the company-marketing, finance, and HR-has a president who reports to the CEO directly. Each department has various managers who manage teams. The managers report to the presidents, and the team leads report to the managers. Finally, the employees at the lowest level report to their team leads. It is rare for a lower-level employee to interact with the CEO of the company. In this scenario, Telescopic Inc. can be said to have a(n)
A. organic organizational structure. B. flat hierarchical structure. C. decentralized organizational structure. D. tall hierarchical structure.
Sufficiency of capacity for the output of the master schedule is checked during ______.
a. materials requirement planning b. capacity requirements planning c. rough cut capacity planning d. production resource planning