Which of the following is used in frame-of-reference training?
A) Role playing of employee behaviors
B) Fictitious examples of worker performance
C) Actual examples of incorrect performance ratings
D) Previous performance appraisals conducted by managers
Answer: B
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Northwest Co. purchases an asset for $6,000. This asset qualifies as a seven-year recovery asset under MACRS. Benson has a tax rate of 30%
The seven-year expense percentages for years 1, 2, 3, 4, 5, and 6 are 14.29%, 24.49%, 17.49%, 12.49%, 8.93%, and 8.93%, respectively. If the asset is sold at the end of six years for $2,000, what is the cash flow from disposal? What will be an ideal response?
Which of the following is true about the face value of a bond?
A) It is the notional amount we use to compute coupon payments. B) It is the amount that is repaid at maturity. C) It is usually denominated in standard increments, such as $1,000. D) All of the above are true.