An example of a variable cost is:
A) a payment to your raw materials supplier.
B) a lease payment on a piece of equipment.
C) a mortgage payment on buildings.
D) a monthly licensing fee for a software package.
Answer: A
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On March 1, 2012, Mack Corporation accepted cash of $10,000 and a six-month, $80,000 interest-bearing note from Gee, Inc, as settlement of an account receivable. Mack has a fiscal year-end of July 31st and Gee paid the principle and the interest on time. Select the appropriate journal entry that reflects the acceptance of the note on March 1, 2012?
A) Cash 10,000Notes Receivable 80,000Accounts Receivable 90,000 B) Notes Receivable 90,000 Accounts Receivable 90,000 C) Accounts Receivable 90,000 Notes Receivable 90,000 D) Accounts Receivable 10,000Notes Receivable 80,000Cash 90,000
Select the true statement regarding perception.
A. The human tendencies to perceive subjectively underlie much of the effective communication. B. As a result of perception, it can be assumed that the other person exactly means what a receiver thinks he or she means. C. Perception is subjective because people's self-interested motives and attitudes toward the sender and the message bias their interpretations. D. Perceptual processes primarily involve withholding, ignoring, or distorting information. E. Communication becomes ineffective when people incorporate others' perspectives into their interpretation of issues.
Rachel is responsible for keeping our website ____
A) up to date B) uptodate C) up-to-date
Identify at least five traits of an inspirational leader.
What will be an ideal response?