Outsourcing has spread widely because companies see value in turning IS functions over to specialist companies
Indicate whether the statement is true or false
TRUE
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On January 1, 2016, Flo, Inc purchased an asset for $48,000. It was estimated that the asset life was seven years, after which it would have a residual value of $4,100. Assuming the use of the sum-of-the-years'-digits method, depreciation expense for 2016 would be
A) $12,804 B) $10,975 C) $12,000 D) $5,487.50
Minstrel Manufacturing uses a job order costing system. During one month Minstrel purchased $198,000 of raw materials on credit; issued materials to production of $195,000 of which $30,000 were indirect. Minstrel incurred a factory payroll of $150,000, of which $40,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. The journal entry to record the application of factory overhead to production is:
A. Debit Work in Process Inventory $225,000; credit Factory Overhead $225,000. B. Debit Work in Process Inventory $165,000; credit Factory Overhead $165,000. C. Debit Work in Process Inventory $165,000; credit Factory Payroll $165,000. D. Debit Factory Overhead $165,000; credit Work in Process Inventory $165,000. E. Debit Factory Payroll $150,000; credit Work in Process Inventory $150,000.
The research on self-leadership has yet to fully tap into the power of the mind. What are some ways that self-leadership research could tie to these previously unstudied areas of the mind?
What will be an ideal response?
An activity is an element of the project that always requires time.
Answer the following statement true (T) or false (F)