If an employee has a high the degree of perceived ability relative to the task demands, he or she would be the least likely to accept a(n) ________ leadership style.
A. selling
B. directive
C. participative
D. consultative
Answer: B
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Use this information pertaining to the Alvino Corporation to answer the following question. 1 . The corporation's Store Supplies account showed a beginning debit balance of $200 and supplies purchased of $800 . There were $300 of supplies on hand at year end. 2 . Depreciation on a building is estimated to be $5,000. 3 . A one-year insurance policy was purchased for $2,000 . Three months have
passed since the purchase. 4 . Accrued interest on a note receivable amounted to $100. 5 . The company received a $3,600 advance payment during the year on services to be performed. By the end of the year, one-fourth of the services had been performed. The adjusting entry to record the accrued interest on the note is a. Interest Expense 100 Interest Receivable 100 b. Interest Payable 100 Interest Expense 100 c. Interest Receivable 100 Interest Income 100 d. Interest Income 100 Interest Receivable 100
An income statement reports the revenues earned minus expenses incurred by a business over a period of time.
Answer the following statement true (T) or false (F)
In this scenario, which of the following is an example of primary data?
A) list of corporations obtained from the Chamber of Commerce B) information obtained from competitors' pamphlets C) data obtained from the surveys conducted in the 75 companies D) information obtained from the Internet about current market trends E) data obtained from competitors' Web sites
Which of the following is true of consideration for modifying a sales or lease contract under the Uniform Commercial Code?
A) An agreement modifying a contract needs no consideration to be binding. B) Modifying a contract requires consideration from the offeree's side. C) An offeror who modifies a contract must do so by providing reasonable consideration. D) The party providing the consideration must complete it within three months of acceptance.