______ socialization marks the end of the transition to organizational life.
A. Socialization
B. Metamorphosis
C. Corporate social responsibility
D. Social cocoon
B. Metamorphosis
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A credit balance in Income Summary represents net loss; a debit balance represents a net income
a. True b. False Indicate whether the statement is true or false
Industrial Equipment Supply is a new business. During its first year of operations, credit sales were $41,000 and collections of credit sales were $33,000. One account, $675, was written off. Management uses the aging-of-receivables method to account for bad debts expense and estimated $525 as uncollectible at year end. The ending balance of the Allowance for Bad Debts is ________.
A) $145 B) $820 C) $1200 D) $525
Japan is mentioned in the age distribution section because
A. its declining population means that the country's social security funds will last a longer amount of time. B. it is the fastest-graying nation in the industrial world. C. its declining population means that the country's wealth will be spread among a smaller number of people, increasing its overall prosperity. D. in the future it may have almost as many retirees as children. E. its increasing fertility rate will allow it to compensate for an increased number of aged people.
The span of control is also called the _____.
A. span of association B. span of management C. span of leadership D. span of organization