Describe the difference between “Get on the Balcony” and “Identify Adaptive Challenges.”
What will be an ideal response?
“Get on the Balcony” is the first step of adaptive leadership behaviors. It refers to a leader stepping away in the midst of a challenging situation to try to gain perspective. Without first getting on the balcony, it is difficult to “Identify Adaptive Challenges.” The identify behavior is about analysis and diagnostics. It is much more difficult to accurately analyze a problem if the leader has not first stepped back to attempt to see the big picture.
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The internal control significance of the excess materials requisition is that it
a. indicates the amount of material released to work centers b. identifies materials used in production that exceed the standard amount allowed c. indicates the standard quantities required for production d. documents the return to raw materials inventory of unused production materials
A firm purchased $35,000 worth of investments classified as securities available for sale. At the end of the year, the investments were worth $23,000 . What is the correct presentation of these events in the statement of cash flows prepared under the direct method?
a. Investing cash outflow, $35,000 b. Add $23,000 in reconciliation of earnings and net operating cash flow c. Investing cash outflow, $35,000; subtract $12,000 in reconciliation of earnings and net operating cash flow d. No disclosure is needed.
Comparing dividends per share to earnings per share indicates the extent to which the corporation is retaining its earnings for use in operations
Indicate whether the statement is true or false
Donald Trump offers to give you a partnership share in his casinos if the price of his shares drops below a certain level. He charges a nominal fee for this right. What is he offering you and is he wise?
What will be an ideal response?