Physical counts of inventory:
A. Must be taken at least once a month.
B. Are not necessary under the perpetual system.
C. Requires the use of hand-held portable computers.
D. Are necessary to adjust the Inventory account to the actual inventory available.
E. Are not necessary under the cost-to benefit constraint.
Answer: D
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Rogoff Co.'s 15-year bonds have an annual coupon rate of 9.5%. Each bond has face value of $1,000 and makes semiannual interest payments. If you require an 11.0% nominal yield to maturity on this investment, what is the maximum price you should be willing to pay for the bond?
A. $891.00 B. $913.27 C. $936.10 D. $959.51 E. $983.49
You were recently hired into an organization that you have always wanted to work at, and in addition, your education and experience complement your new position perfectly. According to the situational model, your level of development is ______.
A. S2 B. D2 C. S1 D. D4
Wes heard a rumor that layoffs may be on the horizon in his organization and shares this information with his team member Cathy. This is an example of ______.
A. upward communication B. the grapevine C. boundary spanning D. downward communication
Which of the following is NOT a step in preparing for the developmental performance appraisal interview?
A. Make an appointment B. Have employee develop objectives and plans for improving performance C. Develop objectives and plans for improving performance D. Assess the employee’s performance E. Ranking the employee