When a business is organized into departments, responsibility of each department should be assigned to a specific manager

Indicate whether the statement is true or false


T

Business

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Tomas and Saturn are partners who share income in the ratio of 3:1 . Their capital balances are $40,000 and $60,000 respectively. Income summary has a credit balance of $20,000 . What is Saturn's capital balance after closing income summary to capital?

a. $55,000 b. $75,000 c. $45,000 d. $65,000

Business

Including transitions and other directional aids is important

A) in online reports, but not usually necessary in written ones. B) to help the audience understand how one thought is related to another. C) when the audience is unfamiliar with the topic. D) in any report longer than a couple of pages. E) except on requests for proposals.

Business

For ________ to be valued for products like vehicles and kitchen appliances, it should not be associated with an excessive price premium and the product must not be subject to rapid technological obsolescence

A) conformance quality B) performance quality C) reparability D) durability E) style

Business

________ appraisals involve judgments about employee performance.

A. Trait B. Administrative C. Behavioral D. Results E. Developmental

Business