Decentralization means that a unit manager has the authority to make all decisions concerning that specific unit
Indicate whether the statement is true or false
F
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Freedom, youthfulness, achievement, and materialism are characterized as U.S. ________
A) core values B) belief systems C) value systems D) coercive norms
Virginia Jackson is opening Jackson Realty on January 2. For several weeks she has been busy putting together an operating budget for the first quarter of operations for her new business. Virginia has estimated her selling and administrative (S&A) costs as follows:?JanuaryFebruaryMarchDepreciation$ 1,000$ 1,000$ 1,000Marketing expenses2,0001,4001,000Miscellaneous costs500400400Rent expense5,0005,0005,000Salary expense4,0008,0008,000Sales commissions1,0001,2001,400Utilities expense 1,000 800 1,000Total S&A costs before interest$ 14,500$ 17,800$ 17,800All selling and administrative costs are paid when incurred except utilities, marketing expenses, and sales commissions. These items are paid in the
month following the month incurred.Required:1) Prepare a schedule of cash payments for selling and administrative expenses for January through March.2) What liabilities, in what amounts, would be reported on the pro forma balance sheet as of March 31? What will be an ideal response?
Which of the following is an exception to the privity rule?
A) rights of a plaintiff to sue an employer when their employee causes damages B) rights of a plaintiff to sue a parent for damages their child caused C) rights of a beneficiary of a life insurance policy to sue an insurance company if they are not paid D) rights of a lender to sue a wife for the debts of her husband E) all of the above illustrate the privity rule
Upper-level operational managers have traditionally taken the lead in encouraging health and safety in their organizations.
Answer the following statement true (T) or false (F)