For a merchandising company, what is the final step in the master budget process?
What will be an ideal response?
Preparation of the budgeted balance sheet
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The 80/20 principle can be used to explain why salespeople use:
A. trial closes a minimum of three times per sales call. B. three different types of routing patterns. C. mobile offices and technology. D. the ELMS system to segment accounts in their sales territories. E. waiting time for non-selling activities.
The earned income credit is available only to low-income taxpayers with dependent children.
Answer the following statement true (T) or false (F)
Supervisors emphasize people orientation because they
A. work with other departments to collaborate on achieving tasks. B. deal directly with employees and have knowledge about an organization's customers. C. work with conceptualization and policy formation and understand a company's requirements. D. plan organizational strategies with top management.
Fiona is the daytime supervisor for an online sales company. She supervises 57 people who perform relatively routine jobs that require minimal training. The shop is unionized, so Fiona has little latitude when it comes to dismissing poor performers. However, she does have the authority to transfer employees and has been known to reassign poor performers to less desirable jobs on in the company. Fiona has a reputation for only transferring employees with just cause, and generally is viewed as a fair supervisor by her employees. Although she would like greater autonomy to determine salaries, Fiona generally divides bonuses and raises equally among her employees. To do otherwise would likely create conflict with union members and representatives. According to Fiedler's model, how would
Fiona's leader-member relations be described? A. absolute B. nonexistent C. good D. moderate E. poor