Which of the following is the most effective method for changing organizational culture?
A. Appointing a manager of culture
B. Rewarding behaviors
C. Using stories and myths
D. Communicating top management support
Answer: D
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Port, Inc paid a cash dividend on January 2 that had been declared prior to the end of its fiscal year. The entry to pay the dividend will
a. increase Cash and increase Cash Dividend Payable. b. decrease Cash Dividend Payable and decrease Cash. c. decrease Retained Earnings and increase Cash Dividend Payable. d. decrease Cash Dividend Payable and increase Retained Earnings.
The budget director of Mandy's Kitchen Shop has prepared the following sales budget. The company had $50,000 of accounts receivable at January 1. The company normally collects 100 percent of its accounts receivable in the month following the sale.Required:(a) Complete the schedule of cash receipts by filling in the missing amounts. What are the total budgeted cash receipts for the first quarter.(b) Determine the amount of accounts receivable that Mandy's should report on the first quarter pro forma balance sheet.
What will be an ideal response?
Which of the following is an illustration of the classification issue?
A) At what amount should land be shown on the balance sheet? B) At what point should the payment of salaries to employees be recorded? C) Should supplies be recorded as an asset or as an expense? D) At what point should a bill be paid for the purchase of an item?
In societal marketing, the ideal goal for companies is to turn all of their products into ________ ones
A) salutary B) desirable C) pleasing D) durable E) serviceable