Activity-based costing and generally accepted accounting principles differ in that ABC

a. does not define product costs in the same manner as GAAP.
b. cannot be used to compute an income statement, but GAAP can.
c. is concerned only with costs generated from automated processes, but GAAP is concerned with costs generated from both manual and automated processes.
d. information is useful only to managers, while GAAP information is useful to all organizational stakeholders.


A

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a. Business transactions are not recorded in the books of an organization. b. Business transactions are recorded in the books of an organization only when the transaction is over $1,000. c. Business transactions do not have to be recorded in the books of the organization. d. All business transactions can be stated in terms of changes in the elements of the accounting equation.

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Answer the following statements true (T) or false (F)

1.TMT is short for “temporal motivation theory” and relates the expectancy of a person that a particular action will be rewarded, and the amount of the payout that will be received, with how long that person is willing to wait to receive the expected payout. 2.Goal setting and expectancy theories are compatible approaches to increasing motivation. 3.Job satisfaction is the feeling one has about one’s job. 4.The satisfaction of lower-level needs, called hygiene or extrinsic factors, does not lead to motivation.

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Deutsch defined conflict as ___________?

a. Incompatible activities b. A failure to act socially responsibly c. Inevitable d. Interpersonal failures

Business

Which of the following is a criticism of spiritual organizational cultures?

A. inhibition of employees' expressions and emotions B. incompatibility between profits and spirituality C. lack of openness with stakeholders such as customers and suppliers D. absence of employee empowerment

Business