When the rating on a few traits affects the employee's rating on the remainder of the appraisal form, the rating error that is present is

Which of the following entries is necessary to close the appropriate depreciation account at the end of the year?

A) debit Accumulated Depreciation and credit Income Summary B) debit Depreciation Expense and credit Income Summary C) debit Income Summary and credit Accumulated Depreciation D) debit Income Summary and credit Depreciation Expense

Which of the following statements is true?

A) Stockouts can occur at any time in the inventory cycle. B) Stockouts do not depend on the frequency of reorder. C) The cost of a stockout will vary depending on the market served, the customer, and competition. D) Stockouts do not cost money because customers are willing to wait. E) All of the above statements are true.