Decentralizing authority empowers employees and allows them to behave in a flexible way even as the organization hierarchy grows.

Answer the following statement true (T) or false (F)


True

Decentralizing authority allows an organization and its employees to behave in a flexible way even as the organization grows and becomes taller.

Business

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Cash dividends of $50,000 were declared during the year. Cash dividends payable were $10,000 and $5,000 at thebeginning and end of the year, respectively. The amount of cash for the payment of dividends during the year is

a. $55,000 b. $50,000 c. $65,000 d. $60,000

Business

Which of the following is a provision of SFAS No. 131?

a. Segment liabilities must be reported, but reported segment assets is optional. b. Reconciliation of segment profit or loss to consolidated profit of loss must be done before income taxes. c. A segment is constituted by having 20% or more of combined revenue of all operating segments. d. Segment reporting is based on the way management organizes the segments for making operating decisions and assessing performance.

Business

Briefly describe the Americans with Disabilities Act.

What will be an ideal response?

Business

If the initial offer price for new securities is too high, the underwriters may 1. purchase the securities with their own funds 2. sell the securities at the offer price 3. let the price fall

A. 1 and 2 B. 1 and 3 C. 2 and 3 D. 1, 2, and 3

Business