The downside of increased reliance on technology in the workplace includes

a gradual dehumanizing effect in which we lose sight of people’s personalities and humor
the ability to communicate at a moment’s notice
the ability to become and remain more productive
access to more information than has ever before been available

e-mail policies should

explain the cost of the servers and hardware that make e-mailing possible
publish the e-mail addresses of every employee and company customer stored on the e-mail server
record and then publish the number of e-mails sent each day by employees
clearly state that all company e-mails remain the property of the company and do not have any privacy protection

which of the following is not a reason many new businesses fail within the first five years?

lack of business experience
insufficient capital
a very detailed business plan
over investment in fixed assets

when looking at the purchase of accounting software, things to avoid include

software that is able to be updated as tax laws and accounting principles change
software that has the ability to be augmented with additional modules that may become important to you later
software that requires a high annual subscription whether you want the updates or not
software that integrates well with your office productivity software such as spreadsheet, calendar and word processing

if you provide a service to clients and charge by the hour, you should purchase software that handles

time management
word processing
general accounting
calendar functions

as we move toward a cashless society, which of the following will become vital for businesses that meet clients away from the office?

cash registers
calculator
abacus
pos card reader

ibm and several other computer manufacturers actually became household words when they designed equipment to benefit

factories that had changed from consumer production to the manufacture of airplanes, canned food and other supplies for world war ii
themselves
the emerging video production market
telephone companies

“wonderful! not only did our salespeople do a good job in meeting the sales budget this year, but our production people did a good job in controlling costs as well,” said kim clark, president of martell company. “our $11,150 overall manufacturing cost variance is only 3% of the $1,536,000 standard cost of products made during the year. that’s well within the 3% parameter set by management for acceptable variances. it looks like everyone will be in line for a bonus this year.” the company produces and sells a single product. the standard cost card for the product follows: standard cost card—per unit direct materials, 4.00 feet at $4.00 per foot $ 16.00 direct labor, 1.1 direct labor-hours at $13 per direct labor-hour 14.30 variable overhead, 1.1 direct labor-hours at $2.40 per direct labor-hour 2.64 fixed overhead, 1.1 direct labor-hours at $6.50 per direct labor-hour 7.15 standard cost per unit $ 40.09the following additional information is available for the year just completed: a. the company manufactured 20,000 units of product during the year.b. a total of 77,000 feet of material was purchased during the year at a cost of $4.25 per foot. all of this material was used to manufacture the 20,000 units. there were no beginning or ending inventories for the year.c. the company worked 24,000 direct labor-hours during the year at a direct labor cost of $12.50 per hour.d. overhead is applied to products on the basis of standard direct labor-hours. data relating to manufacturing overhead costs follow: denominator activity level (direct labor-hours) 19,000 budgeted fixed overhead costs $ 123,500 actual variable overhead costs incurred $ 64,800 actual fixed overhead costs incurred $ 120,900required: 1. compute the materials price and quantity variances for the year. (round standard price and actual price to 2 decimal places. indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i.e., zero 2. compute the labor rate and efficiency variances for the year. (round standard rate and actual rate to 2 decimal places. indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i.e., zero 3. for manufacturing overhead compute: a. the variable overhead rate and efficiency variances for the year. (round standard rate and actual rate to 2 decimal places. indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i.e., zero b. the fixed overhead budget and volume variances for the year. (indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i.e., zero

Which term refers to the cost that motivates an economic decision

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?