Successful communication involves messages that are sent, received accurately, and understood

Indicate whether the statement is true or false


True

Business

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As a conformist is very loyal to a leader, a leader might mistakenly think that a conformist is ______.

a. not very effective b. highly effective c. disengaged d. alienated

Business

Regarding impairment of intangible assets, which of the following statements is incorrect?

A) Impairment occurs when the fair value of an intangible asset is less than the book value. B) Intangible assets are impaired when there has been a permanent decline in the value of the asset. C) Intangible assets with an indefinite life are tested for impairment annually. D) If any impairment occurs, the company records a loss in the period in which the intangible asset was acquired.

Business

Supplies are recorded as assets when purchased. Therefore, the credit to supplies in the adjusting entry is for the amount of supplies

A) that are in the ending balance B) purchased C) used D) either used or remaining

Business

Which of the following assertions is NOT a hallmark of institutional theory?

a. Organizational rules are rationalized myths that are widely believed but rarely ever tested b. Organizational rules are institutionalized through public opinion, the education system, and laws c. Organizational rules are all about ensuring efficiency and effectiveness d. Many of the factors that shape organizations are based on social and cultural pressures to conform to already legitimate practices

Business