James manages his employees by carefully monitoring their production, comparing what they do to predicted schedules and desired budgets. James can best be described as a ______ leader.
A. relationship-oriented
B. charismatic
C. transformational
D. task-oriented
E. servant
D. task-oriented
The primary purpose of task-oriented leadership behaviors is to ensure that people, equipment, and other resources are used in an efficient way to accomplish the mission of a group or organization.
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Franklin Corporation issues $50,000, 10%, 5-year bonds on January 1, for $52,100 . Interest is paid semiannually onJanuary 1 and July 1 . If Franklin uses the straight-line method of amortization of bond premium, the amount of bondinterest expense to be recognized on July 1 is
a. $10,290 b. $2,710 c. $2,500 d. $2,290
A favorable fixed overhead spending variance indicates that
a. budgeted fixed overhead is less than actual fixed overhead. b. budgeted fixed overhead is greater than applied fixed overhead. c. applied fixed overhead is greater than budgeted fixed overhead. d. actual fixed overhead is less than budgeted fixed overhead.
Under the periodic inventory system when payment for inventory is made within the discount period, Accounts Payable is debited, Purchases Discounts is credited and Cash is credited
Indicate whether the statement is true or false
In nearly all job order cost systems, materials ledger cards are perpetual records that are updated each time materials are purchased or issued for use in production.
Answer the following statement true (T) or false (F)