191.The federal government grants patents for a. 40 years. b. 20 years. c. 10 years. d. the useful life of the patent. 192.The exclusive right to sell a computer program is covered by which intangible? a. Software b. Patent c. Franchise d. Trademark 193.Which of the following costs normally is expensed in the year incurred, […]
51) The incremental costs of producing one more unit of product include all of the following EXCEPT: A) direct materials B) direct labor C) variable overhead costs D) fixed overhead costs 52) Direct materials are $20, direct labor is $5, variable overhead costs are $15, and fixed overhead costs are $10. In the short term, the incremental cost of one unit is: A) $15 […]
31) The industrial-engineering method is 31) ______ A) for significant costs which cannot be easily traced. B) for analyzing relationships between inputs and outputs in physical terms. C) used with both qualitative and quantitative information. D) used only for governmental contracts which are cost plus based. E) used with qualitative rather than quantitative information. 32) The collection of information on costs and their drivers, […]
101. Which of the following budgets provides the starting point for the preparation of the direct labor cost budget? A. Direct materials purchases budgetB. Cash budgetC. Production budgetD. Sales budget 102. Production and sales estimates for April are as follows: Estimated inventory (units), April19,000 Desired inventory (units), April 3018,000 Expected sales volume (units): Area A3,500 Area B4,750 Area C4,250 Unit sales price$20 The number of units expected to be […]
101.Refer to the information above. If Clydesdale Corporation had reacquired the 8,000 shares of treasury stock early in 2015, what was the purchase price per share? A. $2.50 per share. B. $4.00 per share. C. $24 per share. D. More information is needed to determine the purchase price. $192,000/8,000 = $24 102.In a “pump-and-dump” scheme, the owners of the company: A. Falsely […]
54. Bonds can be secured or unsecured. Likewise, bonds can be term or serial bonds. Which is more common? a. Secured and term. b. Secured and serial. c. Unsecured and term. d. Unsecured and serial. 55. A home loan with fixed monthly payments and the house as collateral most closely represents which of the following bond characteristics? a. Secured and term. […]
21) Secret Trails received payment in full within the credit period for horse boarding for $900 plus 6% sales tax. Terms of the sale were 2/10, n/30. Which entry is required to record this? A) Debit Cash, $900; credit Sales, $900 B) Debit Cash, $936; debit Sales Discount $18; credit Accounts Receivable, $954 C) Debit Cash, $954; credit Sales, $954 D) Debit Cash, $936; […]
69. Edwards Auto Body uses a job order cost system. Overhead is applied to jobs on the basis of direct labor hours. During the current period, Job No. 337 was charged $425 in direct materials, $475 in direct labor, and $190 in overhead. If direct labor costs an average of $16 per hour, the company’s overhead application rate is: A. $7.27 per direct labor hour. […]
81. What (other than a transactions spreadsheet ) serves the function of accumulating information about the effect of business transactions on each balance sheet and income statement account? A. JournalsB. P&L-accountsC. T-accountsD. Subsidiary LedgersE. Library 82. What does the word “marketable” imply as far as “marketable securities”? A. It implies that the securities should be classified as a temporary account.B. It implies that a firm owes money on the securities.C. It implies that […]
54. Which of the following should not be treated as a revenue expenditure? A. Delivery costs on newly purchased equipment. B. Annual fire insurance premiums on plant and equipment. C. Repair to an elevator of a five year old building. D. The purchase of a pencil sharpener for $10 used in an office. 55. Which of the following is not a capital expenditure? A. Advertising expenditures to introduce […]
Managers spend one third of their time communicating up and down the organizational hierarchy. Communication is the transfer and understanding of information from one person to another. The communication model comprises of several parts.
We want to examine the communication pathway or medium in which communication is delivered. The communication pathway is the way messages are sent, including:
While some people may be better at using certain mediums over others, some mediums can be better suited for the specific message being conveyed. For this week's discussion, suppose you are a manager who needs to communicate several messages to employees of the company.
Respond to the following for each of the messages above:
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