A company wants to decrease its $200.00 petty cash fund to $75.00. The entry to reduce the fund is:
A. Debit Cash Over and Short for $12.50; credit Petty Cash $12.50.
B. Debit Petty Cash $100.00; credit Cash $100.00.
C. Debit Miscellaneous Expenses $25.00; credit Cash $25.00.
D. Debit to Cash $125.00; credit Petty Cash $125.00.
E. Debit Petty Cash for $75.00; debit Cash Over and Short $175.00; credit Cash $200.00.
Answer: D
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Provide a brief definition of each of the following terms.
Researchers interested in servant leadership studied 71 teams that had a total of 304 employees who worked in five banks located in China. They found that
a. servant leadership was negatively correlated with team performance and team-level organizational citizenship behavior b. servant leadership was strongly (positively) correlated with team performance and team-level organizational citizenship behavior c. servant leadership was not correlated with team performance and team-level organizational citizenship behavior (i.e., the correlations were approximately zero) d. servant leadership was curvilinearly related with team performance and team-level organizational citizenship behavior such that moderate levels of servant leadership had the best effects
Coordinating all other project management knowledge areas describes
A) project integration management. B) project communications management. C) project procurement management. D) project quality management.
As the threat of corporate failure increases due to relatedness between a firm's business units, the firm may decide to:
A. increase its level of retained resources. B. operate in environments that are more certain. C. promote additional technological change. D. pursue unproven product lines.