This leader avoids intervening or accepting responsibility for follower actions.
A. A contingent reward leader
B. A laissez-faire leader
C. A passive management-by-exception leader
D. An active management-by-exception leader
Answer: B
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An estimate based on an analysis of receivables shows that $790 of accounts receivables are uncollectible. The Allowance for Doubtful Accounts has a debit balance of $120. The adjusting entry at the end of the year will include a credit to Allowance for Doubtful Accounts in the amount of:
A) $120 B) $790 C) $670 D) $910
Hastings Corporation has purchased a group of assets for $25,000
The assets and their relative market values are listed below. Land $6,800 Equipment 2,900 Building 3,800 Which of the following amounts would be debited to the Land account? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) A) $4,500 B) $12,500 C) $5,250 D) $7,000
A typical newspaper company in the early part of the 20th century might employ both printers and "newsies" (young men and boys who sold the papers). Which of the following best illustrates the AFL's concept of exclusive jurisdiction?
A. One union should represent the printers and only the printers while another union should represent the newsies (and only the newsies). B. One union should represent both the printers and newsies. C. One union should represent the printers but could also represent other workers, say shoemakers at a local shoemaking company. D. The printers are represented by both the printers' union and the newsies' union.
The primary source of secured short-term loans to businesses are ________.
A) commercial banks and commercial finance companies B) lines of credit and revolving lines of credit C) commercial paper dealers and investment bankers D) life insurance companies and government securities brokers