In a period of rising purchase costs, LIFO usually gives a lower taxable income and therefore, yields a tax advantage.

Answer the following statement true (T) or false (F)


True

Business

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The last step in the closing process is to transfer the balance in the owner's drawing account to the owner's capital account

Indicate whether the statement is true or false

Business

Soo-jin told her coworker Harrison an obscene joke. They both laughed very hard and Harrison told Soo-jin an equally dirty joke. Soo-jin and Harrison enjoy their jokes and are always careful to make sure they are not overheard and do not disturb anyone else at work when they tell them. This behavior is ______.

A. quid pro quo sexual harassment B. hostile environment sexual harassment C. not sexual harassment D. disparate impact

Business

Even though the EXIT clause can be used in any type of loop, it is considered good form to use the EXIT clause only in basic loops.

Answer the following statement true (T) or false (F)

Business

What is it called when we perform tasks for our own innate satisfaction?

a. Determined b. Intrinsic motivation c. Competence d. Meaningfulness

Business