Integration of new employees to a team too often becomes assembly line work providing little individual ________________________.
a. insurance and retirement benefits
b. promotions and raises
c. rules and policies
d. professional development
d. professional development
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Sand engaged in operations at the start of 2018 and reported $550,000 in pre-tax book income for the year. Tax depreciation for Sand exceeded book depreciation by $50,000. The tax rate for 2018 was 30%, and Congress had enacted a tax rate of 20% for the years after 2018.What is the total income tax expense for Sand for 2018?
A. $175,000 B. $150,000 C. $160,000 D. $100,000
Which of the following happens when the expected inflation rate rises??
A. ?Both the demand and supply curve for bonds shift upward. B. The demand curve for bonds shift to the left. C. ?The supply curve for bonds shift to the right. D. ?The expected real interest rate rises.
Final Analytical Procedures and Disclosures When auditing Global Alliance Industries, Inc, the auditor performed extensive analytical procedures and found the following: (a) The commission expenses as a percentage of sales has stayed constant for
several years, but has increased significantly in the current year. However, commission rates have not changed. (b) The rate of inventory turnover has steadily decreased for the past four years. (c) The inventory as a percentage of current assets has steadily increased for the past four years. (d) The number of days' sales in accounts receivable has steadily increased for three years. (e) The allowance for uncollectible accounts as a percentage of accounts receivable has steadily decreased for three years. (f) The absolute amounts of depreciation expense and depreciation expense as a percentage of gross fixed assets are significantly smaller than in the preceding year. REQUIRED: (1) Evaluate the significance of not disclosing or adjusting these items, if material, in the fair presentation of financial statements. (2) When assessing disclosures, what criteria do auditors use?
When consumers need a(n) ________, price and product quality may be irrelevant to the purchase decision.
A. emergency product B. impulse product C. unsought product D. staple product E. shopping product