Maggie, a human resource executive of a software company, booked a weekend executive retreat for a few employees at a holiday resort in Alaska. The arrangements were made, and she paid an advance. Later, the resort owner called her and said, "If your group does not check out by 8:00 a.m. on Sunday, I will have to charge them for the entire day." Identify the win-lose strategy used by the resort owner.
A. Trial balloon
B. Red herring
C. Browbeating
D. Limited authority
E. Ambush negotiating
Answer: E
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Rex and Kelsey are partners who share income in the ratio of 3:2 . Their capital balances are $95,000 and $140,000, respectively. Income Summary has a credit balance of $40,000 after the second closing entry. What is Pia's capital balance after closing Income Summary to the capital accounts?
a. $71,000 b. $119,000 c. $146,000 d. $111,000
Technical skills can be learned on the job. ______ are learned throughout your life.
A. Human skills B. Leading skills C. Management skills D. Emotional skills
The adjustment for estimated income taxes would include a
a. credit to Income Taxes Payable. b. debit to Unearned Income Taxes. c. credit to Income Taxes Expense. d. credit to Cash.
Which of the following statements about authentic leadership is false?
A. Research on authentic leadership is very recent. B. The theoretical approach is based on real-life examples. C. There is no single accepted definition of authentic leadership. D. Authentic leadership is prescriptive.