Explain the three parts of the message-receiving process.
What will be an ideal response?
The message-receiving process has three parts. First, we have to listen to the message, next we should analyze what was said as we decode the message, and then we should check understanding through paraphrasing and watching nonverbal behavior to ensure the message was received accurately.
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What is a disadvantage of broad bands?
A. They reduce managers' flexibility in making assignments. B. They always result in pay decreases. C. They reduce the opportunities for promoting employees. D. They discourage employees from gaining valuable experience through lateral career moves. E. They increase the number of levels in the organization's job structure.
The following two proposals are under consideration by an organization: Proposal 1 Proposal 2 Amount to be invested $325,000 $450,000 Total present value of net cash flow $344,500 $418,500 Net Present value $22,500 $(31,500) Determine the present value index for Proposal 1
a. 0.93 b. 1.08 c. 0.94 d. 1.06
Activity-based costing involves a two-stage allocation process in which overhead costs are first assigned to activity cost pools and then allocated to products using activity measures.
Answer the following statement true (T) or false (F)
In a proportionate liquidating distribution, Sam receives a distribution of $30,000 cash, accounts receivable (basis of $0, fair market value of $50,000), and land (basis of $20,000, fair market value of $50,000). In addition, the partnership repays all liabilities of which Sam’s share was $40,000. Sam’s basis in the entity immediately before the distribution was $120,000. As a result of the distribution, what is Sam’s basis in the accounts receivable and land, and how much gain or loss does he recognize?
A. $0 basis in accounts receivable; $50,000 basis in land; $0 gain or loss. B. $0 basis in accounts receivable; $90,000 basis in land; $0 gain or loss. C. $50,000 basis in accounts receivable; $40,000 basis in land; $0 gain or loss. D. $50,000 basis in accounts receivable; $50,000 basis in land; $50,000 gain. E. $0 basis in accounts receivable; $70,000 basis in land; $30,000 loss.