______ theories focus not on single organizations but on the strategies, structures, and management of whole populations of organizations, such as industries.
A. Adaptive
B. Ecological
C. Institutional
D. Natural selection
B. Ecological
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Closing entries will
A) decrease the Retained Earnings balance. B) either increase or decrease the Retained Earnings balance. C) increase the Retained Earnings balance. D) not affect the Retained Earnings balance.
A Bounty paper towel salesperson shows a prospect how quickly the towel absorbs spilled coffee. This is an example of:
A. analogy marketing. B. demonstration. C. excessive dramatization. D. direct suggestion. E. indirect suggestion.
Which of the following is/are true about accounting for errors and changes in accounting principles and changes in accounting estimates?
a. Firms account for material errors in previously issued financial statements by retrospectively restating net income of prior periods and adjusting the beginning balance in Retained Earnings of the current period. b. If practical, firms account for voluntary changes in accounting principles, such as from a LIFO to a FIFO cost-flow assumption for inventories, by retrospectively restating net income of prior periods and adjusting the beginning balance in Retained Earnings of the current period. c. Firms account for changes in accounting principles required by a new reporting standard in accordance with the guidance specified in the standard. d. Firms account for changes in estimates, such as for depreciable lives, uncollectible accounts, or warranty cost, prospectively, in current and future periods' earnings. e. all of the above
Which of the following is the best example of the source of a delayed flight caused by procedures?
a. Cutoff too close to departure time b. Late cabin crews c. Late cabin cleaners d. Weather e. Oversize baggage