A sharing of profits from a business creates a presumption that a partnership exists.?

Indicate whether the statement is true or false


True

Business

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Hall and Donnell reported findings of five separate studies involving over 12,000 managers that explored the relationship between managerial achievement and attitudes toward subordinates. Overall, they found that managers who strongly subscribed to Theory X beliefs

A. were unlikely to have a pessimistic view of others. B. were highly likely to believe that workers were naturally motivated to work. C. were unlikely to rely on coercive, external control methods to motivate workers. D. were highly likely to be in their lower-achieving group.

Business

To effectively assess performance, an organization needs to have ______ standards for and methods of measuring performance.

A. general B. unclear C. clear D. universal

Business

Harrod Company paid $6100 for a 4-month insurance premium in advance on November 1, with coverage beginning on that date. The balance in the prepaid insurance account before adjustment at the end of the year is $6100, and no adjustments had been made previously. The adjusting entry required on December 31 is:

A. Debit Prepaid Insurance, $1525; credit Insurance Expense, $1525. B. Debit Prepaid Insurance, $3050; credit Insurance Expense, $3050. C. Debit Cash, $6100; Credit Prepaid Insurance, $6100. D. Debit Insurance Expense, $3050; credit Prepaid Insurance, $3050. E. Debit Insurance Expense, $1525; credit Prepaid Insurance, $1525.

Business

Persuasion is an emotional form of communication that others must be ready to receive. _________________________

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

Business