A patent has amortization this year of $1,200. What is the journal entry to record the amortization?
A) Debit amortization expense-patent, $1,200; credit Accumulated Depreciation-patent, $1,200
B) Debit accumulated amortization-patent, $1,200; credit patent, $1,200
C) Debit amortization expense-patent, $1,200; credit patent, $1,200
D) Debit accumulated amortization-patent, $1,200; credit amortization expense-patent, $1,200
C) Debit amortization expense-patent, $1,200; credit patent, $1,200
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Answer the following statements true (T) or false (F)
1.Performance appraisal is the process of identifying, measuring, managing, and developing the performance of the human resources in an organization. 2.In performance management, motivation is the willingness to achieve organizational objectives. 3.Behaviors identify the physical or psychological characteristics of a person. 4.Behaviorally anchored rating scale form is a performance appraisal method in which a manager keeps a written record of the positive and negative performance of employees throughout the performance period. 5.Critical incidents method is a process in which managers and employees jointly set objectives for the employees, periodically evaluate performance, and reward employees according to the results.
If a Chinese worker earns $1.00 a day, then goods produced by this worker will cost less than the same goods produced by an American earning $18.00 an hour.
Answer the following statement true (T) or false (F)
A seasonal index for a monthly series is about to be calculated on the basis of three years' accumulation of data. The three previous July values were 110, 150, and 130. The average demand over all months during the three-year time period was 190
What is the approximate seasonal index for July? A) 0.487 B) 0.684 C) 1.462 D) 2.053 E) cannot be calculated with the information given
An informed guess or assumption about a certain problem or set of circumstances is known as
A. a description of the situation. B. good research design. C. a hypothesis. D. a reliable guess. E. managerial intuition.