Which form of control would you MOST likely find in a voluntary or charity organization?
A. Bureaucratic control through rules and procedures
B. Control through norms and values
C. Financial control through accurate financial statements
D. Output control, since it is the cheapest
E. Incentive systems to motivate employees
Answer: B
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A work team can be empowered by
A. reducing the team's interaction with other departments or teams. B. keeping roles independent and separate from one another. C. assigning management of work schedules to the manager. D. confining the scope of work done by the team and its members. E. authorizing the team to make decisions traditionally made by managers.
Information for evaluating vendor performance normally would reside on the:
a. accounts payable master data b. vendor master data c. vouchers payable master data d. purchase order master data
In Islamic countries, the form of law that is used is called civil law
Indicate whether the statement is true or false
Anole Company was incorporated as a new business on January 1, 2016 . The company is authorized to issue 20,000 shares of $5 par value common stock and 10,000 shares of 6%, $10 par value, cumulative, participating preferred stock. On January 1, 2016, the company issued 8,000 shares of common stock for $15 per share and 2,000 shares of preferred stock for $30 per share. Net income for the year
ended December 31, 2016, was $375,000. Refer to the information about Anole Company. Anole's total stockholders' equity reported on the balance sheet at December 31, 2016, is a. $60,000. b. $120,000. c. $180,000. d. $555,000.