Of the competing values framework, _________________culture focuses on flexibility and discretion with an external emphasis. These organizations are fast moving and the quickest to adapt to changing markets.

a. Hierarchy
b. Adhocracy
c. Market
d. Clan


b. Adhocracy

Business

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A company is constructing an asset for its own use. Construction began in 2013 . The asset is being financed entirely with a specific new borrowing. Construction expenditures were made in 2013 and 2014 at the end of each quarter. The total amount of interest cost capitalized in 2014 should be determined by applying the interest rate on the specific new borrowing to the

a. total accumulated expenditures for the asset in 2014. b. average accumulated expenditures for the asset in 2014. c. average expenditures for the asset in 2014. d. total expenditures for the asset in 2014.

Business

When a principal terminates an agency arrangement, the principal's action is called:

A) Renunciation of authority. B) Reaffirmation of authority. C) Revocation of authority. D) Rejection of authority. E) Reacquisition of authority.

Business

The drawer of a certified check cannot legally force a bank to stop payment on this type of check

Indicate whether the statement is true or false

Business

Assume that a $60 strike call pays a 1.0% continuous dividend, r = 0.05, ? = 0.28, and the stock price is $62.00

What is the profit or loss per share if on a long call position, with 73 days until expiration, the price immediately rises to $63.00? A) $0.68 gain B) $0.68 loss C) $0.88 gain D) $0.88 loss

Business