Which statement is not true? Responsibility accounting
a. involves both a top-down and bottom-up flow of information
b. acknowledges that some economic events cannot be traced to any manager
c. creates a budget
d. compares actual performance with budget
B
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Under a defined contribution pension plan,
a. the pension expense account must be determined by actuarial calculations. b. the employer guarantees the employee certain benefits upon retirement. c. accounting for annual pension expense is simple. d. the annual contribution is based on estimated future benefits.
Select the type of business that is most likely to obtain large amounts of resources by issuing stock
A) Partnership B) Corporation C) Proprietorship D) None are correct.
What choice best describes the survivor syndrome?
a. A feeling of responsibility and commitment to carry the organization forward b. Understanding of the reasons for the change and feeling that the change had been fairly carried out c. A sense of relief and appreciation that one was kept when others were let go d. The reaction of poorly handled change, including lower motivation, guilt, and increased stress
The comment "I have never heard you speak so well" may be perceived by listeners as containing a negative metacommunication
Indicate whether the statement is true or false