Employees who raise ethical concerns or issues in an organization are known as ________.
A. employee-volunteers
B. whistle-blowers
C. entrepreneurs
D. philanthropist
Answer: B
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There is strong evidence that political business cycles are prevalent in
A. Germany. B. Japan. C. the U.S. D. New Zealand.
Because services are characterized by the inseparability of production and consumption, service organizations must be physically present when the service is delivered or engage others to be present
Indicate whether the statement is true or false
For the year ended December 31, a company had revenues of $205,000 and expenses of $123,000. $41,000 in dividends were paid during the year. Which of the following entries could not be a closing entry?
A. Debit Income Summary $123,000; credit Expenses $123,000. B. Debit Retained earnings $41,000; credit Dividends $41,000. C. Debit Income Summary $205,000; credit Revenues $205,000. D. Debit Income Summary $82,000; credit Retained earnings $82,000. E. Debit Revenues $205,000; credit Income Summary $205,000.
Preston Wade Preston Wade, a local craftsman, normally sells his handcrafted wooden birdhouses for $145 each. Preston has the capacity to produce as many as 60 birdhouses a week. In a normal week, Preston makes 20 birdhouses with the following costs per unit: Direct materials $12.00 Direct labor $15.00 Variable overhead $ 3.00 Fixed overhead $ 5.00 Refer to the Preston Wade information above
Preston has received a special order from a local plant nursery for 40 birdhouses. The nursery wishes to have the birdhouses engraved with their own logo, therefore, the order would require the rental of a special engraving tool at a cost of $250. Preston requires a minimum $2,500 profit on any special order. The minimum price per birdhouse that Preston should charge the nursery is: A) $65.00. B) $98.75. C) $95.00. D) $145.00.