Unless there is evidence to the contrary, an investor owning 25 percent of the stock of an investee is assumed to have significant influence
Indicate whether the statement is true or false
T
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After the accounts are closed and the journal entries have been posted, which of the following accounts would not have a balance?
a. Capital; b. Accumulated Depreciation; c. Accounts Payable; d. Drawing; e. Supplies.
The stage of team development in which the leader attempts to set up ground rules of behavior is called ______.
a. forming b. storming c. norming d. performing
This term describes the behaviors of individuals who act in a self-serving manner to obtain valued outcomes ______.
A. general political behavior B. go along to get ahead C. pay and promotion D. impression managers
Which of the following is the correct formula to calculate weighted-average unit cost for merchandise inventory?
A) Weighted-average unit cost = Cost of goods available for sale + Number of units available B) Weighted-average unit cost = Cost of goods available for sale x Number of units available C) Weighted-average unit cost = Cost of goods available for sale - Number of units available D) Weighted-average unit cost = Cost of goods available for sale / Number of units available