Based on Fred Luthans’ research, what percentage of managers are both effective and successful?
a. 10%
b. 30%
c. 50%
d. over 60%
a. 10%
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If land costing $145,000 was sold for $205,000, the $60,000 gain on the sale would be added to net income in theoperating activities section of the statement of cash flows (prepared by the indirect method)
a. True b. False Indicate whether the statement is true or false
The establishment of a petty cash fund has no effect on the company's total cash balance
a. True b. False Indicate whether the statement is true or false
Under the perpetual inventory system, the journal entries to record sales returns (the original sale was on account) would be:
A) Accounts Payable XX Merchandise Inventory XX Merchandise Inventory XX Cost of Goods Sold XX B) Cost of Goods Sold XX Merchandise Inventory XX Merchandise Inventory XX Accounts Payable XX C) Accounts Receivable XX Sales XX Sales XX Cost of Goods Sold XX D) Sales Returns and Allowances XX Accounts Receivable XX Merchandise Inventory XX Cost of Goods Sold XX
Companies that use the geocentric staffing model:
A. heavily employ host-country nationals to better deal with local-market conditions. B. have a common HR unit in their parent countries to handle employment issues for all foreign subsidiaries. C. undertake every aspect of their human resource management process from an international perspective. D. primarily hire home-country nationals to fill higher-level positions in their foreign offices.