The 9-box grid is used to compare employees within one department, function, or division or within the entire company.
Answer the following statement true (T) or false (F)
True
The 9-box grid is a three-by-three matrix used by groups of managers and executives to compare employees within one department, function, or division or within the entire company. The 9-box grid is used to analyze and discuss talent, to help formulate effective development plans and activities, and to identify talented employees who can be groomed for top-level management positions in the company.
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On August 31, Farrell Corporation signed a one-year contract to provide services to Harris Company for $30,000 . Harris will pay for the services on September 1 . Using the accrual basis of accounting, when should Farrell Corporation recognize revenue?
a. September 1 of the current year when the cash is received from Harris b. On August 31 of the next year when all services have been provided c. Throughout the year as the revenue is earned d. At December 31 of the current year, and August 31 of the next year
Which of the following statements is false?
a. Purchase of equipment is an investing cash outflow. b. Sale of equipment creates investing cash outflow equal to its selling price. c. Purchase of short-term investments is an investing cash outflow. d. Purchase of a patent is an investing cash outflow.
Describe the advantages and disadvantages of exporting.
What will be an ideal response?
Dolby, Inc. issued a $5,000 face value, 10%, five-year bond at 98. What will be the journal entries at the maturity of the bond? The bonds have semiannual interest, and the company uses the straight-line method of discount amortization
What will be an ideal response