According to Fiedler’s Contingency Theory, what type of leadership is most effective when the situation is least favorable?
a. relationship
b. achievement
c. task leadership
d. delegating
c. task leadership
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Manufacturing companies must maintain multiple inventory accounts
a. True b. False Indicate whether the statement is true or false
Channel members have significant bargaining power over the marketing manager when the channel has high switching costs
Indicate whether the statement is true or false
On January 1, a company issues bonds dated January 1 with a par value of $300,000. The bonds mature in 5 years. The contract rate is 9%, and interest is paid semiannually on June 30 and December 31. The market rate is 10% and the bonds are sold for $288,413. The journal entry to record the first interest payment using the effective interest method of amortization is:
A. Debit Interest Payable $13,500; credit Cash $13,500. B. Debit Interest Expense $14,421; credit Premium on Bonds Payable $921; credit Cash $13,500. C. Debit Interest Expense $12,579; debit Discount on Bonds Payable $921; credit Cash $13,500. D. Debit Interest Expense $12,579; debit Premium on Bonds Payable $921; credit Cash $13,500. E. Debit Interest Expense $14,421; credit Discount on Bonds Payable $921; credit Cash $13,500.
New employees at Jarvis Company cannot participate in the group term life insurance plan until they have worked at the company for three months. This initial period before a new employee can participate is called a(n)
A) probationary period. B) elimination period. C) open enrollment period. D) eligibility period.