Which of the following statements is true of legitimate power?

A. It is the potential to influence others through the administration of negative sanctions or the removal of positive events.
B. It is a function of the amount of knowledge one possesses relative to the rest of the members of the group.
C. It states that leaders have potential influence on their followers because of the strength of the relationship between them.
D. It means that a leader has authority because she or he has been assigned a particular role in an organization.


Answer: D

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On January 1, a company issues bonds dated January 1 with a par value of $300,000. The bonds mature in 5 years. The contract rate is 9%, and interest is paid semiannually on June 30 and December 31. The market rate is 8% and the bonds are sold for $312,177. The journal entry to record the first interest payment using the effective interest method of amortization is:

A. Debit Bond Interest Expense $14,717.70; credit Premium on Bonds Payable $1,217.70; credit Cash $13,500.00. B. Debit Bond Interest Expense $12,487.08; debit Discount on Bonds Payable $1,012.92; credit Cash $13,500.00. C. Debit Bond Interest Expense $12,487.08; debit Premium on Bonds Payable $1,012.92; credit Cash $13,500.00. D. Debit Interest Payable $13,500; credit Cash $13,500.00. E. Debit Bond Interest Expense $12,282.30; debit Premium on Bonds Payable $1,217.70; credit Cash $13,500.00.

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Select the properly punctuated sentence. A) What kinds of data do you collect from online customers and how do you protect their privacy?

B) What kinds of data do you collect from online customers, and how do you protect their privacy? C) What kinds of data do you collect from online customers; and how do you protect their privacy?

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With the concept of ______, the idea is that it is easier to mistreat others if they are seen as less than fully human.

A. attribution of blame B. moral justification C. moral reasoning D. dehumanization

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Bailments may be: A) created orally or through a writing

B) created for either real or personal property. C) created for nonpossessory personal property. D) made only after delivery to the bailor is accomplished.

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