If Department L uses $53,000 of direct labor and Department M uses $21,000 of direct labor, the following journal entry would be recorded using a process costing system: Work in Process Inventory, Department L53,000 Work in Process Inventory, Department M21,000 Factory Wages Payable 74,000
Answer the following statement true (T) or false (F)
True
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Which of the following best describes the ethical character of a new employee at an organization?
a. She already believes she knows what is right and what is wrong. b. She has a kind of “tabula rasa,” blank-slate conception of morality. c. She is more likely to commit unethical behavior than ethical behavior. d. She has very low moral awareness with respect to the kinds of issues faced in this organization.
A supervisor notices than an employee has been late to work for three days this week. What is the BEST way for the supervisor do to foster open communication?
a. Call the employee to ask him or her about the lateness. b. Write the employee a disciplinary memorandum about the lateness. c. Meet with the employee face-to-face to discuss the lateness. d. Send the employee an email message about his or her lateness.
Which of the following is the least common reason companies outsource?
A. Tap outside sources of expertise. B. Concentrate resources on core business. C. Reduce headcount and related expenses. D. Better manage the costs of internal processes.
Part of the cash budget is based on information taken from the capital expenditures budget.
Answer the following statement true (T) or false (F)