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Natasha_Volkova [10]
3 years ago
8

For Megan’s end-of-year performance appraisal, her supervisor solicited feedback from three of Megan’s coworkers, the manager of

the customer-service department, several of Megan’s clients, and even a few employees in other departments with whom she worked recently. Megan’s performance appraisal is an example of an employee survey.
a) true
b) false
Business
1 answer:
pshichka [43]3 years ago
6 0

Answer:

False

Explanation:

The performance appraisal refer to the performance status of an employee whether he or she is a good performer or a bad performer with respect to the targets, absenteeism, achievements, etc

In the given situation, since her supervisor solicited feedback from three of Megan’s coworkers which do not reflect the example of an employee survey because the actual performance should be measured by month wise performance or annual based performance rather soliciting the feedback from its co workers

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A. True

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In 2019, Dan transferred 5-year property to Fleck Corp. in a tax-deferred Section 351 transaction. Fleck took Dan's adjusted bas
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Read 2 more answers
On November 7, Mura Company borrows $370,000 cash by signing a 90-day, 8%, $370,000 note payable. 1. Compute the accrued interes
Hatshy [7]

Answer:

At 31 December, the Interest for 54 days accrues as follows :

Interest expense $17,740 (debit)

Note Payable $17,740 (credit)

On payment February 5, the Interest expense will be capitalized in the Note Payable as follows :

Note Payable $407,473 (debit)

Cash $407,473 (credit)

Explanation:

AT, November 7, When Mura Company borrows the money :

Cash $370,000 (debit)

Note Payable $370,000  (credit)

At 31 December, the Interest for 54 days accrues as follows :

Interest expense $17,740 (debit)

Note Payable $17,740 (credit)

Interest expense calculation = $370,000 × 8% × 54/90

                                                = $17,740

At February 5, the interest for 60 days accrues as follows :

Interest expense $19,733 (debit)

Note Payable $19,733 (credit)

Interest expense calculation = $370,000 × 8% × 60/90

                                                = $19,733

On payment February 5, the Interest expense will be capitalized in the Note Payable as follows :

Note Payable $407,473 (debit)

Cash $407,473 (credit)

Note Payable Calculation = $370,000 + $19,733 + $17,740

                                              $407,473

3 0
4 years ago
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