Explain the transactional component of the path-goal approach.
What will be an ideal response?
In this approach, the relationship between leaders and followers is all about transactions. Leaders and their organizations get employee performance out of the transactions, and followers benefit as well, in the form of rewards such as continued employment and better work assignments. Issues or problems may arise in day-to-day activities that keep these transactions from being consummate. The purpose here is for leaders to adapt their styles to fit the situational needs of followers, so that they can clarify the actions that need to be taken by the followers (the path) and realize their rewards, while avoiding problems.
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Regarding paperwork required of customers:
A) much of this can be avoided with technology. B) most customer enjoy filling out forms. C) this is a necessary part of any complex transaction and cannot be modified by law. D) repetition is almost always necessary such as in medical forms for doctors.
Borrowers who retire long-term liabilities debit the liability account for its current book value, credit Cash, and recognizes any difference on the retirement of the debt as a
a. gain when book value exceeds cash disbursement (credit). b. gain when cash disbursement exceeds book value (credit). c. loss when book value exceeds cash disbursement (debit). d. a financing loss (debit). e. cannot be determined from the above information.
Department J had no work in process at the beginning of the period, 18,000 units were completed during the period, 2,000 units were 30% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period (Assuming the company uses FIFO and rounds average cost per unit to two decimal places): Direct materials (20,000
at $5 ) $ 100,000 Direct labor 142,300 Factory overhead 57,200 Assuming that all direct materials are placed in process at the beginning of production, what is the total cost of the departmental work in process inventory at the end of the period? A) $90,000 B) $283,140 C) $199,500 D) $16,438
Italics should be used for which of the following?
a. To indicate words, letters, numbers, and phrases used as words. b. To emphasize a word that is not sufficiently emphasized by other means. c. To indicate the titles of books, magazines, and newspapers. d. For all of the above.