People higher in a hierarchy are not assumed to be superior to people lower in the hierarchy. This is a characteristic of ______.
A. low power distance
B. high avoidance
C. low avoidance
D. high power distance
A. low power distance
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In the United States, the law consists of written laws and court decisions.
Answer the following statement true (T) or false (F)
How does the sexual harassment diversity training exercise seek to improve awareness about sexual harassment with participants?
a. Participants discuss hypothetical sexual harassment scenarios in small groups. b. Participants journal about their own experiences. c. Participants role-play hypothetical scenarios. d. Victims of sexual harassment speak about their experiences.
A law firm collected $3700 for work to be performed in the following month. Which of the following general journal entries will the firm make to record this transaction?
A. Debit Legal Fees Revenue, $3700; credit Accounts Receivable, $3700. B. Debit Cash, $3700; credit Unearned Legal Fees Revenue, $3700. C. Debit Cash, $3700; credit Accounts Receivable, $3700. D. Debit Accounts Receivable, $3700; credit Unearned Legal Fees Revenue, $3700. E. Debit Accounts Receivable, $3700; credit Legal Fees Revenue, $3700.
Which of the following is generally considered an advantage of term loans over corporate bonds?
A. Higher flotation costs B. Speed, or how long it takes to bring the issue to the market C. Fixed bond terms after the bond has been issued D. Regular interest and principal payments on specified dates E. Standard terms of issue requiring no negotiation between the borrowing firm and the financial institution