________ theory states that people have conscious goals that energize them and direct their thoughts and behaviors toward a particular end.
A. Acceptable goals
B. Meaningful goals
C. Challenging goals
D. Specific goals
E. Goal-setting
Answer: E
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According to the rule of ________, if a promisee's performance was rendered before the promisor's promise was made, then it can never serve as consideration, even though it may meet the "legal value" part of the test.
A. past consideration B. forbearance C. preexisting duty D. promissory estoppel
Cash larceny involves
a. stealing cash from an organization before it is recorded. b. stealing cash from an organization after it has been recorded. c. manufacturing false purchase orders, receiving reports, and invoices. d. a clerk paying a vendor twice for the same products and cashing the reimbursement check issued by the vendor.
Acme Global recently hired several new employees who worked at a rival organization. Acme Global lured the employees away by offering more pay and better benefits. Acme Global’s actions reflect the influence of ______ in the external environment on the organization.
A. customers B. competition C. society D. suppliers
From the following information, determine the amount of ending inventory. Beginning Inventory ................................... $20,000 Purchases ............................................. 41,000 Purchase Returns and Allowances ....................... 3,000 Purchase Discounts .................................... 4,000 Freight-In ............................................ ? Cost of Goods
Available for Sale ...................... 55,000 Ending Inventory ...................................... ? Cost of Goods Sold .................................... 22,000 a. $23,000 b. $32,000 c. $33,000 d. $22,000