Hilton and Delta provide assistance to other international companies, an example of
A. contract manufacturing.
B. a joint venture.
C. a strategic alliance.
D. a management contract.
Answer: D
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Under the allowance method of recording bad debts, which of the following entries, if any, would be made to write off actual uncollectible accounts of $5,500?
A) Allowance for Doubtful Accounts 5,500Accounts Receivable 5,500 B) Bad Debt Expense 5,500Allowance for Doubtful Accounts 5,500 C) Bad Debt Expense 5,500Accounts Receivable 5,500 D) No entry is needed.
Maria is having difficulty with her job as a retail sales clerk. She is enthusiastic about her job, and is good at parts of it, but her manager has noted that she does a poor job of describing the merchandise to customers and explaining its use and care. According to situational management, her manager should use a(n) ______ management style to manage Maria’s performance problem.
A. autocratic B. consultative C. participative D. empowerment
Which of the following is a need that a report can satisfy?
A) Record procedures. B) Document schedules, timetables, and milestones. C) Supply a record of work accomplished. D) All of the above. E) B and C.
Based on Esteban's conduct, Floyd reasonably believes that Glynis has the authority to act on Esteban's behalf even though Glynis does not have the actual authority to do so. Floyd makes a payment to Glynis for Esteban. Glynis keeps the money and disappears. Esteban
a. can demand that Floyd make a repayment directly to Esteban. b. can obtain damages from Floyd for Glynis's misconduct. c. may be estopped from denying that Glynis had authority. d. must repudiate Glynis's misconduct to avoid liability.