Tracy is outgoing, warm, and truly inspirational when she talks about where she wants to lead her division. Her employees seem eager to do anything she asks. Because of her personality and not her position, Tracy has ______ power.
A. legitimate
B. referent
C. reward
D. coercive
E. expert
B. referent
Referent power is power deriving from one's personal attraction. This kind of power characterizes strong, visionary leaders who are able to persuade their followers by dint of their personality, attitudes, or background.
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A corporate income statement does not contain
a. discontinued operations. b. extraordinary gains and losses. c. unrealized investment gains and losses. d. earnings per share data.
Eduardo Martinez, the sole stockholder of Eduardo's Dance Studio, started the business by investing $10,000 cash and donating a building worth $20,000 in exchange for common stock. Identify the general journal entry below that Eduardo's will make to record the transaction.
A.
| Cash | 10,000 | |
| Building | 20,000 | |
| Common Stock | 30,000 |
B.
| Owner's Investments | 30,000 | |
| Common Stock | 30,000 |
C.
| Cash & Building | 30,000 | |
| Common Stock | 30,000 |
D.
| Common Stock | 30,000 | |
| Cash | 10,000 | |
| Building | 20,000 |
E.
| Cash | 10,000 | |
| Common Stock | 30,000 |
The following data for May has been provided by McCawley Corporation. Denominator level of activity 2,600machine-hoursBudgeted fixed manufacturing overhead costs$53,820 Actual level of activity 2,700machine-hoursStandard machine-hours allowed for the actual output 2,800machine-hoursActual fixed manufacturing overhead costs$56,290 ?The volume variance for May is:
A. $4,140 F B. $2,070 U C. $4,140 U D. $2,070 F
The first facility consideration is to determine the size of each operation within the network
Indicate whether the statement is true or false