Which of the following GLOBE cultural dimensions is defined as--the degree to which organizational and societal institutional practices encourage and reward collective distribution of resources and collective action?
A. power distance
B. uncertainty avoidance
C. humane orientation
D. institutional collectivism
D. institutional collectivism
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The oral presentation is not important because the executives are also given a written report with all the important information in it
Indicate whether the statement is true or false
Clemmens Company applies overhead based on direct labor cost. Estimated overhead and direct labor costs for the year were $112,500 and $125,000, respectively. During the year, actual overhead was $107,400 and actual direct labor cost was $120,000. The entry to close the over- or underapplied overhead at year-end, assuming an immaterial amount, would include
A. a credit to Finished Goods Inventory for $600. B. a credit to Cost of Goods Sold for $600. C. a credit to Factory Overhead for $600. D. a debit to Cost of Goods Sold for $600. E. a debit to Work in Process Inventory for $600.
What is an asset?
A. What a company owns B. What remains after the liabilities are satisfied C. The excess of revenues over expenses D. What a company owes
If the debt ratio is too high, the company may be unable to pay its debts
Indicate whether the statement is true or false