Which of the following is a benefit paid for by the company, such as vacations, vehicles, gifts, and loans?
A. Exempt benefits
B. Perquisites
C. Bonuses
D. Benefits plus
Answer: B
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In reconciling the bank statement, it was noted a check written for $65 (correct amount) was recorded in the books as $56 . On the bank reconciliation, the difference would be
a. added to the checkbook balance; b. subtracted from the checkbook balance; c. added to the bank balance; d. subtracted from the bank balance; e. removed from the bank account
The effective-interest method of amortizing bond premiums
a. is too complicated for practical use. b. uses a constant rate of interest. c. is another name for the straight-line method. d. is needed to determine the amount of cash to be paid to bondholders at each interest date.
Qualitative non-financial performance measures
a. are usually the most well-received by managers. b. often reflect long-term organizational goals better than financial performance measures. c. can only be developed in the production area of an organization. d. is limited by the number of critical success factors defined by the organization.
According to Weick and Westley (1999), organizing and learning are antithetical processes, for this reason, they say organizational learning is ____________.
a. Very important b. An oxymoron c. Problematic d. Impossible