An acknowledgment by a bank that it has received money from a customer with a promise by the bank that it will repay the money received at a specified date is a certificate of deposit

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Failure to record depreciation at year end will result in an

a. understatement of total liabilities. b. overstatement of total assets. c. understatement of net income. d. overstatement of total liabilities.

Business

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

1. Top managers report to other executives or boards of directors. 2. The team leader is not usually a permanent management position and thus is not a level in the hierarchy of management. 3. The three types of managers are general managers, functional managers, and project managers. 4. A manager’s job in a not-for-profit organization is typically very different from a manager’s job in a for-profit organization.

Business

In the meta-analysis of the studies on leadership effectiveness, researchers found that when intelligence was measured more objectively (by IQ tests), that

a. it correlated positively with perceived group effectiveness but negatively with objective effectiveness b. it correlated negatively with perceived group effectiveness but positively with objective effectiveness c. it correlated positively with perceived group effectiveness and with objective effectiveness d. there were inconsistent relationships in the various studies that precluded making conclusions

Business

Jimmy stole Dave's motorcycle and completely revamped the engine and changed the body. These accessions were very expensive, but Jimmy was completely satisfied with the results, intending to sell the motorcycle for a huge profit. If the motorcycle is recovered from Jimmy, Dave must pay Jimmy for the improvements.

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

Business