An employee with strong moral character and behavior has worked at a small company for many years. The company grows large enough to implement a formal code of ethics. How is this employee likely to react to that new code?
a. with resentment
b. by embracing its provisions
c. by rejecting it
d. with indifference
b. by embracing its provisions
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Which of the following accounts is not closed to Income Summary at the end of the accounting period?
a. Rent Expense b. Service Revenue c. Unearned Revenue d. Supplies Expense
The reasonable person test is used to judge contracts involving mechanical fitness
Indicate whether the statement is true or false
Which of the following is a compound sentence?? A) ?The manufacturing department must cut costs by 15 percent and layoff three employees
B) ?If voters pass the referendum question, site work and construction on the new school will begin in May. C) Your interview is scheduled for 3 p.m. on Thursday, and you can expect to spend about two hours with the committee.
Identify each cost below as variable (V), fixed (F), or mixed (M), relative to units sold
Explain the reason for your answer. Units Produced and Sold 100 500 1,000 Total electric cost $1,500 $1,650 $1,700 Supervisor's monthly salary $4,500 $4,500 $4,500 Assembly line workers' per hour wage rate $30 $30 $30 Total materials cost $800 $4,000 $8,000 Depreciation on factory equipment $5,000 $5,000 $5,000 Total delivery costs $1,400 $1,800 $2,250 What will be an ideal response