When units are purchased at different costs over time, determining the cost per unit assigned to inventory items is simple.
Answer the following statement true (T) or false (F)
False
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The PCAOB is a public board, appointed by Congress, to provide oversight of the firms that audit public companies registered with the SEC
a. True b. False Indicate whether the statement is true or false
A firm decides to issue stock, pursuant to a stock split, on a 2-for-1 basis. What entry is necessary for this issuance?
a. Retained Earnings Common Stock--Par Value b. Additional Paid-in Capital Common Stock--Par Value c. Retained Earnings Common Stock--Par Value Common Stock--Additional Paid-in Capital d. Common Stock--Par Value Common Stock--Additional Paid-in Capital Retained Earnings e. No journal entry is necessary but the par value of the stock must be restated on a per share basis.
Which influence on buying decisions is defined as a set of characteristics and social behaviors based on the expectations of others?
A) reference group B) social class C) role D) culture E) process
How should a change agent approach dysfunctional norms?
a. Ignore them because the other aspects of change require more attention and focus b. Understand that they can’t be changed without completely turning over the staff c. Make them explicit and identify the resulting organizational dynamics d. Mandate a change to keep the organization functional