Universal services increase customer loyalty through personalization
Indicate whether the statement is true or false
FALSE
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Your employee, Renata, is, at best, a below-average employee. However, Renata apparently thinks she performs at an acceptable level and doesn’t seem to understand that she needs to improve--and soon! Discuss your job as a manager when it comes to the critical OB foundation of Renata’s perception congruence.
What will be an ideal response?
Payment is made for machinery purchased previously on credit. What effect does this transaction have on the accounting equation?
A) Assets and liabilities increase B) Assets and contributed capital increase C) Liabilities decrease and retained earnings increase D) Assets and liabilities decrease
An employee is dissatisfied with the resolution of an ethical conflict with his supervisor at his place of employment. According to the Institute of Management Accountants, the employee's next step should be to:
A. resign from the company. B. make the president of the company aware of the ethical conflict. C. contact the next level of management who is not involved in the ethical conflict. D. contact the IMA. E. report the incident to the State Board of Accountancy.
A double-entry accounting system is an accounting system:
A. That allows total credits to be greater than total debits. B. That records the effect of each transaction in at least two accounts with equal debits and credits. C. In which each transaction affects and is recorded in two or more accounts but that could include two debits and no credits. D. That allows total debits to be greater than total credits. E. That records each transaction twice.