Answers

DA

Answered

A sales message should always downplay the importance of price.

On Aug 01, 2024


False
DA

Answered

During the taking of its physical inventory on December 31, Almond Supplies Company incorrectly counted its inventory as $545,000 instead of the correct amount of $554,000.(a) Indicate the effects of the misstatement on Almond Supplies Company's balance sheet and income statement for the year ended December 31.(b) If uncorrected, what would be the effects of the error on next year's balance sheet and income statement?

On Jul 30, 2024


(a) (a)   (b) Effects on next year's balance sheet: Because inventory errors reverse themselves within two years, all balance sheet items will be correct at the end of the next year.Effects on next year's income statement: Cost of goods sold will be understated, gross profit overstated, and net income understated by the $9,000 error. Therefore, the net effect is zero for the two years. (b) Effects on next year's balance sheet: Because inventory errors reverse themselves within two years, all balance sheet items will be correct at the end of the next year.Effects on next year's income statement: Cost of goods sold will be understated, gross profit overstated, and net income understated by the $9,000 error. Therefore, the net effect is zero for the two years.
DA

Answered

Profit-maximizing, competitive firms will not discriminate in the hiring of workers unless consumers exercise a preference for discrimination in product markets or governments mandate discrimination.

On Jul 01, 2024


True
DA

Answered

The management of Leitheiser Corporation is considering a project that would require an initial investment of $51,000. No other cash outflows would be required. The present value of the cash inflows would be $57,630. The profitability index of the project is closest to (Ignore income taxes.) :

A) 1.13
B) 0.87
C) 0.13
D) 0.12

On Jun 30, 2024


A
DA

Answered

When a client engages in exposure therapy involving virtual reality equipment or the use of confederates, this would be an example of __________exposure.

A) EMDR
B) in vivo
C) in vitro
D) imaginal

On Jun 01, 2024


C
DA

Answered

Who can be an agent?

A) Employee.
B) Independent contractor.
C) Partner in a partnership.
D) Manager.
E) Any of these individuals can be an agent.

On May 31, 2024


E
DA

Answered

______ provides management with trained replacements in the event an employee becomes ill or leaves the company.

A) An employment agency
B) A headhunter
C) Job rotation
D) Programmed learning

On May 02, 2024


C
DA

Answered

The passive form of management by exception ______.

A) is considered non-leadership
B) is more effective than the active form
C) is similar to individualized consideration
D) is enacted only once problems arise

On May 01, 2024


D
DA

Answered

Cash paid to suppliers can be derived by adjusting costs of goods sold for changes in inventory.

On Apr 30, 2024


False
DA

Answered

What is the purpose of government-wide financial statements?

On Apr 29, 2024


Government-wide financial statements present information about a government's financial affairs as a whole. These financial statements provide a method of assessing operational accountability and the government's ability to meet its operating objectives.