If leadership has a low tolerance for ambiguity, the approval process is likely to be:
a. More rigorous
b. More straightforward
c. Quicker
d. Lengthy
a. More rigorous
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Which of the following best describes an ideal eco-friendly manager?
a. a manager who promotes eco-friendly behaviors within the company b. a manager who promotes eco-friendly culture at work but allows employees to make their own decisions c. a manager who promotes eco-friendly behaviors at work and in his private life d. an ethical manager who also demonstrates eco-friendly behaviors at work
Which of the following statements is FALSE?
A) The APR can be referred to as a promised annual percentage rate. B) Although an APR is quoted on an annual basis, interest can be paid quarterly. C) The period in which interest is applied or the frequency of times interest is added to an account each year is called the compounding period or compounding periods per year. D) Although an APR is quoted on an annual basis, interest can be paid monthly but never daily.
The spatial layout and functionality are most important for interpersonal services environments.
Answer the following statement true (T) or false (F)
Cannon Company operates a clothing store that reported the following operating results for the current year: Income StatementSales revenue$2,000,000 Cost of goods sold (1,200,000)Gross margin$800,000 Employee commissions and bonuses (5% of sales) (100,000)Depreciation expense (150,000)Salaries expense (260,000)Shipping and delivery expense (2% of sales) (40,000)Advertising expense (80,000)Net income$170,000 Required:Prepare an income statement for Cannon Company using the contribution margin format.
What will be an ideal response?