Different transfer prices may be used by the selling and buying divisions to avoid problems between the managers of the divisions

Indicate whether the statement is true or false


T

Business

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Identify and discuss several ways to build, maintain or repair credibility

What will be an ideal response?

Business

Based on the following trial balance for Barry's Automotive Shop, prepare an income statement, statement of retained earnings, and a balance sheet. There were no additional stock issuances during the year. Barry's Automotive ShopTrial BalanceDecember 31Cash$ 12,500?Accounts receivable1,500?Supplies500?Repair shop equipment27,000?Service truck33,000?Accounts payable?$2,600Common Stock?30,000Retained Earnings?8,525Dividends36,000?Service revenue?125,000Supplies expense3,425?Rent expense18,000?Utilities expense5,000?Gas expense7,200?Wages expense22,000? Totals$166,125$166,125

What will be an ideal response?

Business

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

1. Recent research found that people working in a low-trust environment tend to take more risks, such as initiating new ideas or admitting mistakes, display citizenship behaviors like going the “extra mile” on a work task or project, and exhibit fewer ineffectual or counterproductive behaviors like absenteeism or social loafing. 2. Disposition-based trust occurs when people put their faith in others based on feelings and emotions. 3. A mediator is a neutral third party who attempts to assist parties in a negotiation to find a resolution or come to an agreement using rational arguments and persuasion and has no right to impose his or her views on the parties. 4. As stated in the textbook, Major League Baseball teams and players often engage in arbitration to determine a player’s salary. 5. As stated in the textbook, Major League Baseball teams and players often engage in arbitration to determine a player’s salary.

Business

The President creates law by issuing executive orders

a. True b. False Indicate whether the statement is true or false

Business