Tradespeople in Canada represent one in five employed Canadians.

Teapot, Ltd. is a foreign company that uses IFRS for its financial reporting. Teapot is a wholly-owned subsidiary of Davis Housewares Corp. which is a U.S. company that prepares its consolidated financial statements in accordance with U.S. GAAP. Teapot purchased a piece of equipment for $3,000,000 on January 1, 2020. The equipment has an overall useful life of 20 years and no salvage value. The equipment is comprised of the following three significant components, shown with their associated cost and useful life. As a corporate policy, Davis Housewares Corp. utilizes the straight-line method of depreciation for machinery and equipment and plans to extend this policy to Teapot, Ltd.Prepare the journal entry for the 2020 depreciation expense for Teapot, Ltd. based on IFRS accounting principles.

A debit or credit memo describing entries in the company's bank account may be enclosed with the bank statement. An example of a credit memo is

A) deposited checks returned for insufficient funds
B) collection of a promissory note
C) a service charge
D) notification that a customer's check for $375 was recorded by the company as $735 on the deposit ticket

Which of the following can be used to capture,store,and share information between members of the organization?

A) Social media
B) Conclusions
C) Statistical analysis
D) Citations
E) Knowledge management

Each of these statements is true except

A) Female-headed black families with children under 18 have a poverty rate of almost 47%.
B) Female-headed white families with children under 18 have a poverty rate of almost 35%.
C) All families receiving public assistance are poor.
D) All poor families receive public assistance.

A multicultural organization is one that:

A) adopts a hierarchical approach to organizational control.
B) experiences high levels of job embeddedness.
C) achieves full structural integration.
D) promotes ethnocentrism in the workplace.