________ define the ranks of individuals relative to others in the group.
A. Work ethics
B. Status systems
C. Role perceptions
D. Signature experiences
Answer: B
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Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 100,000 shares of $5 par value common stock. During 2021, Clothing Emporium had the following transactions relating to stockholders' equity:Issued 30,000 shares of common stock at $7 per share.Issued 20,000 shares of common stock at $8 per share.Reported a net income of $100,000.Paid dividends of $50,000.What is the total stockholders' equity at the end of 2021?
A. $420,000. B. $370,000. C. $250,000. D. $470,000.
Answer the following statements true (T) or false (F)
Use of the direct method on the cash flow statement frequently results in non-articulation.
Which of the following statements is false?
a. Cost drivers help identify cost as related to product variety and product complexity. b. Examples of volume-related cost drivers are work orders and distance traveled. c. Cost drivers promote the effective and efficient management of cost. d. Unit costs are caused by the production or acquisition of a single unit of product or the delivery of a single unit of service.
Ravi would like to use the substitute for leadership concepts to improve his leadership effectiveness. Which of the following should he focus on?
a. Increase the distance between himself and his followers. b. Decrease his power. c. Put in place rigid organizational policies. d. Increase his team’s cohesion.