A policy ________.
A. typically contains an ambiguous term
B. specifically states what should or should not be done
C. is a series of sequential steps a manager uses to respond to a structured problem
D. is used when dealing with unstructured problems and nonprogrammed decisions
Answer: A
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____ is often displayed through nonverbal cues such as nodding or cocking of the head to one side or the other, smiling, or using paralanguage.
A. Impatience B. Attentiveness C. Objectivity D. Bias
A corporation purchased 25,000 shares ($1 par value) of its own stock for $40 per share. The entry to record this purchase would include a
a. debit to Common Treasury Stock, $25,000; b. debit to Common Treasury Stock, $1,000,000; c. credit to Paid-in Capital from Treasury Stock, $975,000; d. both A and C; e. none of these
The Alternative Minimum Tax has become an increasing burden for middle income taxpayers, because
A) it is not indexed for inflation. B) an increasing percentage of taxpayers are self-employed. C) Congress has repeatedly decreased income limits on who must pay the tax. D) of an increase in the ratio of non-wage to wage income.
Spandra Electronics wants to raise money by selling stock. After talking to several investment
banking firms, Spandra decides to hire Goldman Sachs to sell 5 million shares of its common stock. Goldman sells 4.5 million shares and returns the rest to Spandra. This is an example of A) a competitive bid purchase. B) a privileged subscription with a standby agreement. C) a privileged subscription with a standby agreement. D) a commission or best-efforts agreement.