Daran is a five-year employee at his company and exhibits some unethical practices, such as extensive time on the Internet for nonwork purposes, lying on time sheets, and overbilling customers. Knowing only this, who among the following likely had the most influence on Daran’s development of these behaviors?
a. his current direct supervisor
b. the first direct supervisor he had when he joined the company
c. his closest coworkers
d. the company’s executive leadership
a. his current direct supervisor
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Supply chain management starts before physical distribution
Indicate whether the statement is true or false
When merchandise is returned to the supplier, the following account is credited:
a. under the periodic system, sales returns and allowances; under the perpetual system, cost of goods sold. b. under the periodic system, merchandise inventory; under the perpetual system, purchases returns and allowances. c. under the periodic system, purchases returns and allowances; under the perpetual system, merchandise inventory. d. under the periodic system, cost of goods sold; under the perpetual system, merchandise inventory. e. under the periodic system, purchases returns and allowances; under the perpetual system, cost of goods sold.
Sanchez Company's output for the current period was assigned a $400,000 standard direct labor cost. The direct labor variances included a $10,000 unfavorable direct labor rate variance and a $4,000 favorable direct labor efficiency variance. What is the actual total direct labor cost for the current period?
A. $414,000. B. $394,000. C. $386,000. D. $406,000. E. $410,000.
The debt ratio is calculated as:
A. ?debt ratio = net operating income ÷ total debt. B. ?debt ratio = long-term liabilities ÷ current liabilities. C. ?debt ratio = sales ÷ total liabilities. D. ?debt ratio = total liabilities ÷ total assets. E. ?debt ratio = interest charges ÷ total liabilities.