A media-friendly website should feature a clearly identifiable icon and organized subsections for media members
Indicate whether the statement is true or false
TRUE
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Because the only merchandise categories at the University Futon Shop are double-sized futons, the Futon Shop can be said to have no
A. product depth. B. variety. C. irregularity D. inventory control. E. need for customer service.
The accounting for employee stock options does not involve
a. the measurement of the fair value of stock options on the date of the grant using an option-pricing model that incorporates information about the current market price, the exercise price, the expected time between grant and exercise, the expected market price volatility of the stock, the expected dividends, and the risk-free interest rate. b. calculating total compensation cost as the number of options the firm expects to vest times the fair value per option. c. factoring in the firms use of their historical experience on forfeitures due to employees terminating employment prior to vesting to estimate the expected number of options that will vest. d. amortizing the fair value of the stock options on the date of the grant over the requisite service period, which is the expected period of benefit. e. the firm recomputing the fair value of the option at each succeeding balance sheet date to reflect new information about stock prices, volatility, dividend yield, or risk-free interest rates.
Process cost systems use job order cost cards to accumulate cost data
Indicate whether the statement is true or false
Top Queen, Inc. (TQI) ? Top Queen, Inc. (TQI) is a business-clothing store for professional women. The owner of the company has designed the business so that she hardly ever has to be there. There are many departmental managers who hold a lot of responsibility. While they are organized separately by department, each manager knows enough about the other departments to be able to fill in at any time. The department managers also delegate a lot of work further down to their employees as a way to empower them. The owner even delegates store-management responsibilities to a different department manager each month. Even though certain people are delegated certain tasks, everyone pitches in, so it is sometimes hard to tell who is really in charge. ? The employees are so comfortable with each
other that many go out and participate in activities together on the weekends, even when they are not working. However, the owner realizes that she does not want to participate in these events because she does not want to seem that she is favoring certain people over others. Refer to Top Queen, Inc. It seems that TQI managers could be considered all of the following except A. line managers. B. department managers. C. staff managers. D. functional managers. E. owners.