Scout's Shuttle Service replaced the tires on all of their vehicles with new all-season tires. The journal entry to record this included a debit to repairs expense. This entry is:
A) incorrect, and as a result assets will be overstated.
B) correct, as this is an example of an ordinary repair.
C) incorrect, and as a result net income will be understated.
D) correct, as this is an example of a betterment.
B) correct, as this is an example of an ordinary repair.
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If a firm wanted to conduct a training session for employees at multiple facilities simultaneously, what type of meeting tool should be used?
A) Conference calls B) Virtual whiteboards C) Webinars D) Idea campaigns E) Telepresence
A tactical competitive action involves a significant commitment of specific and distinctive organizational resources.
Answer the following statement true (T) or false (F)
Which of the following statements is TRUE?
A) a person who pays to enter a club cannot become a trespasser B) a shopping mall cannot ban certain people from entering the mall C) reasonable force can be used to remove a person who is asked to leave a store and refuses D) stores are often quick to charge shoplifters as it is a fast, cheap and usually successful trial E) a bar must call the police if it wants to remove an obnoxious customer
Utilization is the degree to which equipment, space, or the workforce is currently being used, measured as the ratio of average output rate to the maximum capacity
Indicate whether the statement is true or false