Which of the following is among the five major leadership traits outlined in the text?
A. extraversion
B. sociability
C. conscientiousness
D. charisma
B. sociability
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A company purchased new furniture at a cost of $16,000 on January 1. The furniture is estimated to have a useful life of 6 years and a $1,000 salvage value. The company uses the straight-line method of depreciation. What is the book value of the furniture on December 31 of the first year?
A. $13,500 B. $13,333 C. $15,000 D. $16,000 E. $2,500
A company should use process costing rather than job order costing if
a. production is only partially completed during the accounting period. b. the product is produced in batches only as orders are received. c. the product is composed of mass-produced homogeneous units. d. the product goes through single stage of production.
Lean manufacturing and just-in-time (JIT) systems are both concerned with reduction of inventory levels
Indicate whether the statement is true or false
Western cultures judging people from other cultures that use their hands to eat rather than use utensils is an example of
a. Euphemism b. Narcissism c. Ethnocentrism d. Egomaniacally