Inflation is an example of a(n) ________ force in an organization's environment.
A. social
B. ergonomic
C. economic
D. legal
E. demographic
Answer: C
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According to Professor Amabile, an increase in knowledge leads to higher levels of ______.
A. originality B. creativity C. inventiveness D. vision
On April 1, a company paid the $1,350 premium on a three-year insurance policy with benefits beginning on that date. What amount of the insurance expense will be reported on the annual income statement for the first year ended December 31?
A. $450.00. B. $37.50. C. $1,012.50. D. $337.50. E. $1,350.00.
Repair bills for large machinery may include a flat fee for the visit to the company's premises plus additional labor charges per hour of repair work and various costs of replacement parts needed. What type of cost is the repair?
a. Selling cost b. Variable cost c. Fixed cost d. Mixed cost
A bank that pays a customer's check bearing a forged indorsement is not obligated to recredit the customer's account.
Answer the following statement true (T) or false (F)