Answer the following statements true (T) or false (F)
1. A micro climate is defined as the general atmosphere of a workplace.
2. To enhance the listening climate, a listener should set aside whatever he/she is
doing.
3. Strategic managerial listening requires listening to the spoken words and attention to
the nonverbal elements and the total environment.
4. Managers should discourage their subordinates from listening to the grapevine
because the information is usually false.
1. FALSE
2. TRUE
3. TRUE
4. FALSE
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National Corporation has excess cash to invest and pays $200,000 to buy 7%, five-year bonds of International Corporation, at face value, on June 30, 2018. The bonds pay interest on June 30 and December 31. At the date of purchase, National intended to hold the bonds to maturity and has the ability to hold the bonds to maturity. The bonds are disposed of on June 30, 2023, the maturity date.
Prepare the journal entry for (omit the explanation) June 30, 2023 (assume that the last interest payment has already been recorded).
A balance sheet that places the liabilities and equity to the right of the assets is a(n):
A. Unclassified balance sheet. B. Classified balance sheet. C. Interim balance sheet. D. Report form balance sheet. E. Account form balance sheet.
The primary purpose of downward communication flow is to provide feedback, ask questions, or obtain assistance from higher-level management.
Answer the following statement true (T) or false (F)
Ben is a well-known professional football quarterback. His team's owners expect him to be a role model for young people. Any endorsement contracts that he receives are based on his reputation. In the current year, Ben is charged with assault. Ben hires an attorney to represent him in this matter. Ultimately, the charges are dismissed. What tax issues should Ben consider?
What will be an ideal response?