Which of the following statements is an assumption pertaining to Theory X?
A. Workers are seen as being inclined to restrict work output, having little ambition, and avoiding responsibility if at all possible.
B. People are not inherently lazy.
C. Work is as natural as play or rest.
D. Management believes that employees are capable of exercising self-direction and self-control in the service of objectives to which they are committed.
Answer: A
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The profit-volume graph
A) is difficult to interpret. B) fails to reveal how costs change as sales volume changes. C) can be only plotted if the break-even point is known. D) can be only plotted if fixed costs are known. E) shows the relationship between operating income and variable costs.
Which generation has a dominant value system that has “hard work, frugality, patriotism and the Protestant work ethic?”
a. Traditionalists b. Baby Boomers c. Baby Busters d. Generation X-ers
Adjusting entries always affect the cash account.
Answer the following statement true (T) or false (F)
An indorsement should be identical to the name of the indorsee, regardless of how the name appears on the instrument
Indicate whether the statement is true or false