Formal market research of lost customers' motivations is a waste of resources.
Answer the following statement true (T) or false (F)
False
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Researching an organization before an interview
A) will save time during the interview, as the employer won't have to ask as many questions. B) is a bad idea, as it will limit the organizations opportunity to sell the organization. C) will show you understand the importance of investigation and analysis. D) allows you to tell the interviewer how much you know that they may not. E) leads to fewer questions about you, and more questions about the goals of the organization.
A system to protect workers against managerial abuse by dictating rewards and job allocation through detailed work rules, seniority rights, and/or a contract is known as:
A. Business unionism B. Job control unionism C. An implicit psychological contract D. A collective bargaining contract
Which of the following is a situation in which ? (i.e., the greater-than-or-equal-to sign) must be used?
a. When a constraint represents the usage of available labor hours b. When a constraint indicates thatthe manager wants to produce at least the ordered amount for a certain product c. When a constraint indicates that the manager should not exceed the machine hours available d. All of the above
The calendar year-end adjusted trial balance for Blessinger Co. follows:BLESSINGER CO.Adjusted Trial BalanceDecember 31Cash$ 112,000?Accounts receivable27,000?Prepaid rent15,000?Prepaid Insurance9,000?Office supplies3,300?Office equipment38,000?Accumulated depreciation-Equipment?$3,200Building288,000?Accumulated depreciation-Building?42,000Land700,000?Accounts payable?25,800Salaries payable?14,500Interest payable?2,500Long-term note payable?72,000Common stock?200,000Retained earnings?710,000Dividends200,500?Service fees earned?430,800Salaries expense90,000?Insurance expense5,200?Rent expense5,000?Depreciation expense-Equipment800?Depreciation expense-Building7,000?Totals$1,500,800$1,500,800Required:(a) Prepare a classified year-end balance
sheet. (Note: A $9,000 installment on the long-term note payable is due within one year.)(b) Prepare the required closing entries. What will be an ideal response?