Which of the following is a characteristic of a simple structure?
A. Comprehensive set of rules.
B. Centralized authority.
C. High work specialization.
D. Extensive division of labor.
E. Tall hierarchy.
B. Centralized authority.
An organization with a simple structure has authority centralized in a single person, a flat hierarchy, few rules, and low work specialization.
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Which of the following transactions is a significant noncash investing and financing activity?
a. Land is purchased for cash. b. Bonds are issued for cash. c. Cash equivalents are purchased. d. Equipment is acquired by issuing a long-term note.
Which of the following is least effective at conveying negative information as clearly and kindly as possible?
A) Embed the bad news in the middle of the paragraph. B) Suggest you might reverse the decision if circumstances change. C) Emphasize what you can do rather than what you cannot do. D) Imply the bad news instead of specifically stating the news. E) Minimize the space devoted to the news.
ABC Company in considering a loss control investment. The project will cost $100,000. It will generate an after-tax net cash flow of $60,000 one year after investment and an after-tax net cash flow of $60,000 two years after investment
The present value of $1 received one year from today assuming a 6 percent rate is .9434. The present value of $1 received two years from today assuming a 6 percent interest rate is .8900. Assuming a discount rate of 6 percent, what is the net present value (NPV) of this project? A) $10,004 B) $13,195 C) $16,604 D) $20,000
The right to use a portion of another's land for a specific purpose either forever or for a set time is called a(n)
a. fixture. b. easement. c. profit. d. license.