In a recent survey on job incentives, money was ranked first.
Answer the following statement true (T) or false (F)
False
One survey asked employees to rank job incentives. The first choice was a personal thank-you, followed by a handwritten note of thanks from the supervisor. Money came in at a surprising sixteenth.
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Which of the following is NOT part of the progressive disciplinary process?
a. probation b. suspension c. dismissal d. warning
Which of the following are most likely to be susceptible to pressures from advertisers on the type of stories to run?
A. financially insecure magazines B. newspapers with a diverse range of advertisers C. high-revenue media companies D. popular radio channels with high audience ratings E. large broadcast stations
Lakatos Corporation manufactures one product. It does not maintain any beginning or ending Work in Process inventories. The company uses a standard cost system in which inventories are recorded at their standard costs. There is no variable manufacturing overhead. The standard cost card for the company's only product contains the following information concerning direct materials:InputsStandard Quantityor HoursStandard Price or RateStandard CostDirect materials3.7kilos$9.00per kilo$33.30During the year, the company completed the following transactions concerning direct materials:a. Purchased 151,800 kilos of raw material at a price of $9.70 per kilo.b. Used 140,870 kilos of the raw material to produce 38,100 units of work in process.The company calculated the following direct materials
variances for the year: Materials price variance$106,260UMaterials quantity variance$900FAssume that all transactions are recorded on the below worksheet, which is similar to the worksheet shown in your text except that it has been divided into two parts so that it fits on one page. The beginning balances in each of the accounts have been given. PP&E (net) stands for Property, Plant, and Equipment net of depreciation.?CashRaw MaterialsWork in ProcessFinished GoodsPP&E (net)?1/1$1,130,000$59,940$0$81,510$432,900=a.?????=b.?????=?Materials Price VarianceMaterials Quantity VarianceLabor Rate VarianceLabor Efficiency VarianceFOH Budget VarianceFOH Volume VarianceRetained Earnings1/1$0$0$0$0$0$0$1,704,350a.???????b.???????When recording the raw materials used in production in transaction (b) above, the Raw Materials inventory account will increase (decrease) by: A. $1,366,439 B. ($1,366,439) C. ($1,267,830) D. $1,267,830
Which of the following is the general goal of compensatory damages?
A. to find a way to help the defendant avoid jail time for his or her crime B. to restore the plaintiff to the position he or she was in before the injury C. to punish the defendant for extreme and outrageous conduct D. to make the defendant suffer as much as the plaintiff suffered