A company spends $25,000 a year for inspecting, $20,000 for purchasing, and $30,000 for reworking products. A good estimate of nonvalue-added costs would be:
A) $55,000
B) $45,000
C) $50,000
D) $60,000
E) $75,000
A
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A country's ________ shapes its product and service needs, income levels, and employment levels
A) quotas B) tariffs C) raw material export economy D) subsistence economy E) industrial structure
On December 31, Treats Catering Inc.'s trial balance shows a $1,000 balance in the Supplies account. However, a physical count of the supplies determined that only $350 of supplies actually remain in the supply cabinet. Select the adjusting entry made on December 31, to record the amount of supplies that had been used during the year.
A.
| Supplies | $ | 650 | ||
| Supplies Expense | $ | 650 | ||
B.
| Supplies | $ | 350 | ||
| Supplies Expense | $ | 350 | ||
C.
| Supplies Expense | $ | 650 | ||
| Supplies | $ | 650 | ||
D.
| Supplies Expense. | $ | 350 | ||
| Supplies | $ | 350 | ||
Emily and Derek both work in the same bank. While at the bank, they head toward a long flight of stairs. Proper etiquette is for
A) Emily and Derek to hold hands going down the stairs. B) Derek to ask, "Whose turn is it to go down stairs first?" C) Derek to go down the stairs in front of Emily. D) Emily to go down the stairs in front of Derek.
A director or officer must exercise due care in performing their duties, including acting in good faith
Indicate whether the statement is true or false