Group members agree on their shared goals and standards in the ________ process of group development.

A) storming
B) norming
C) forming
D) performing
E) achieving


B) norming
Explanation: As it develops, a group typically engages in various processes. In the norming process, group members agree on their shared goals and norms, and closer relationships develop.

Business

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Which of the following statements concerning income tax rate structures isĀ false?

A. Under either a regressive, proportionate, or progressive rate structure, high-income taxpayers pay more dollars of tax than low-income individuals. B. Under a progressive rate structure, the marginal rate and the average rate are equal. C. Under a regressive rate structure, the average rate for low-income individuals is more than the average rate for high-income individuals. D. In theory, a progressive rate structure results in equal economic sacrifice across taxpayers.

Business

A petty cash fund was established with a $300 balance. It currently has cash of $73 and petty cash tickets totaling $222 for travel expense. Prepare the journal entry to record the replenishment of the fund. Omit explanation.

What will be an ideal response?

Business

Owners of a corporation are:

A) shareholders. B) partners. C) limited partners. D) share partners.

Business

In the Palsgraf case, foreseeability was an issue. The question addressed by the court was:

A) Was it foreseeable to the plaintiff (Ms. Palsgraf) that the scales would fall? B) Was it foreseeable to Ms. Palsgraf that her injury would have been caused by an explosion? C) Was it foreseeable to the plaintiff (Ms. Palsgraf) that someone in the train station would be carrying explosive fireworks? D) Was it foreseeable to the railroad employee helping the passenger onto the train that doing so might lead to injury to Ms. Palsgraf or another bystander? E) Was it foreseeable to the passenger carrying the fireworks that they might explode and injure someone?

Business