A strong culture ______.

a. is always a good thing
b. is the only strategic goal that a leader should be focused on
c. can be destructive for a firm and/or its employees
d. none of these


c. can be destructive for a firm and/or its employees

Business

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An investor that uses the equity method of accounting for its investment in a 40 percent-owned investee that earned $50,000 and paid $8,000 in dividends, made the following entries: Investment in Equity Securities 20,000 Equity in Earnings of Investee 20,000 Cash 3,200 Dividend Revenue 3,200 What effect will these entries have on the parent corporation's statement of financial position?

a. Investment in subsidiary understated, retained earnings understated. b. Investment in subsidiary overstated, retained earnings overstated. c. Investment in subsidiary overstated, retained earnings understated. d. Financial position will be fairly stated.

Business

No E & P adjustment is required for regular tax gains under the installment method.

Answer the following statement true (T) or false (F)

Business

After exchanging greetings and getting to know the customer a bit in an initial sales call, the first goal of a sales presentation is to

A. requalify the customer. B. offer alternatives. C. close the sale. D. estimate the total cost to the customer. E. create interest.

Business

Which of the following is not included in the activities that consumer groups perform?

a. testing on the safety of products b. reporting on the performance of products c. ensuring companies remain profitable d. informing the public and government officials of consumer issues e. advocating legislation

Business