Accruals are "spontaneous," but unfortunately, due to law and economic forces, firms have little control over the level of these accounts.
Answer the following statement true (T) or false (F)
True
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One of the basic methods of adjusting ______ evaluations is by comparing the individuals being evaluated and identifying the ratios of negative and positive comments.
A. customer B. peer C. supervisor D. self
A unit that is rejected at a quality control inspection point, but that can be reworked and sold, is referred to as a
a. spoiled unit. b. scrap unit. c. abnormal unit. d. defective unit.
On Oct 1, Jerry's Lighting purchased merchandise with a list price of $5,000 with credit terms of 1/10, n/30. On Oct 3, Jerry's returns $500 of the merchandise. Assuming a periodic inventory system is used and Jerry's pays the remaining amount owed on the purchase within the discount period, Jerry's journal entry to record the payment, would include:
A. a debit to Accounts Receivable for $4,500. B. a credit to Purchase Discounts for $45. C. a debit to Accounts Payable for $4,500. D. a debit to Merchandise Inventory for $45.
Which of the following is a retention responsibility of line management?
A. Face-to-face resolution of conflict B. Performance feedback to subordinates C. Management and organizational development D. Compensation and benefits