It is always wise to have a __________, which is the best outcome you could achieve if the negotiation fails and you must follow another course of action.
a. CAT
b. BATNA
c. NATBAT
d. ZOPA
b. BATNA
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______ networks can help employees communicate freely with one another, build relationships, exchange opinions, and share grievances.
A. Informal B. Unsubstantiated C. Unofficial D. Downward communication
A roofing company collects fees when jobs are complete. The work for one customer, whose job was bid at $3,000, has been completed as of December 31, but the customer has not yet been billed. Assuming adjustments are only made at year-end, what is the adjusting entry the company would need to make on December 31, the calendar year-end?
A. Debit Cash, $3,000; credit Roofing Fees Revenue, $3,000. B. No adjustment is required. C. Debit Cash, $3,000; credit Accounts Receivable, $3,000. D. Debit Roofing Fees Revenue, $3,000; credit Accounts Receivable, $3,000. E. Debit Accounts Receivable, $3,000; credit Roofing Fees Revenue, $3,000.
Heston and Burton, CPAs, currently work a five-day week. They estimate that net income for the firm would increase by $45,000 annually if they worked an additional day each month. The cost associated with the decision to continue the practice of a five-day work week is an example of:
A) differential revenue B) sunk cost C) differential income D) opportunity cost
Which interview format is best employed when the interviewee should help set the direction?
A. structured B. unstructured C. mini-structured D. semistructured