The unfreezing step of the change process can be thought of as ________.
A. changing to a new state
B. sustaining a change over time
C. changing the organizational structure
D. preparing for the needed change
Answer: D
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The acid-test ratio differs from the current ratio in that it
a. represents the amount of cash on hand instead of the amount of working capital. b. excludes inventories and accounts receivable from the numerator of the fraction because of obsolescence and possible nonpayment. c. is a stricter test of a company's ability to pay its current debts as they are due. d. signals the need to liquidate marketable securities when it drops below 5 to 1.
Various organizations publish summaries of selected ratios organized by industry for a sample of U.S. companies
a. True b. False Indicate whether the statement is true or false
Describe what is meant by testamentary capacity.
What will be an ideal response?
How are top-down and bottom-up budgets created? What advantages does each approach hold over the other?
What will be an ideal response?