When Sir Clifford Chatterley stated, "Aristocracy is a function, a part of fate. And the masses are a functioning of another part of fate. The individual hardly matters. It is a question of which function you are brought up to and adapted to."
Which of the following managerial theories was he reflecting?
a. Theory W
b. Theory X
c. Theory Y
d. Theory Z
b
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When analyzing foreign statements, all of the following are accurate positions of non-current liabilities listings except:
a. After total equity b. Before current liabilities c. After share capital d. After current liabilities
Division X reported income from operations of $975,000 and total service department charges of $575,000. Therefore:
A) net income was $400,000 B) the gross profit margin was $400,000 C) income from operations before service department charges was $1,550,000 D) consolidated net income was $400,000
Which of the following accounts is increased with a credit?
A. Accounts Receivable B. Common Stock C. Dividends D. Prepaid Rent
A valid contract may be unenforceable for which reason(s)?
a. Failure to satisfy the statute of frauds. b. Running of the statute of limitations. c. Both failure to satisfy the statute of frauds and running of the statute of limitations. d. A valid contract is always enforceable.