If the firm measures an asset at acquisition cost on the balance sheet, it measures expenses based on the _____ of the asset consumed
a. fair market value
b. acquisition cost
c. current value
d. liquidation value
e. replacement value
B
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As of April 30, Hawk counts 8 units of merchandise inventory on hand. Compute ending merchandise inventory and cost of goods sold for Hawk using the FIFO inventory method.
The periodic inventory records of Hawk Dental Supply indicate the following for the month of April:
Answer the following statements true (T) or false (F)
1. Political behaviors in organizations are closely aligned with tactical influence. 2. The textbook states that one’s political skill typically relates negatively to organizations. 3. Choosing to stay out of politics altogether may mean getting passed over for promotions. 4. There are four types of organizational politics, all are bad for organizations.
Beatrice has a perceived inequity with Tobias. She decided that Tobias might work a little harder than she does, therefore she picks someone else who matches her own work ethic, Jeanine. Once Beatrice has done this, she perceives an equity of fairness and feels better about her own work situation. Beatrice decided to do which of the six behaviors stated in the textbook that changes perceived inequity?
a. Change equity theory person b. Change inputs c. Pick another other d. Attempt to change outcomes
The focus of the marketing concept era was on
A. technology. B. production. C. customers. D. competition. E. sales.