Describe the situational factors used to analyze problems in the Vroom model of leadership.
What will be an ideal response?
The following situational factors are used to analyze problems:
• Decision significance-It refers to the significance of the decision to the success of the project or organization.
• Importance of commitment-It refers to the importance of team members' commitment to the decision.
• Leader's expertise-It refers to one's knowledge or expertise in relation to the problem.
• Likelihood of commitment-It refers to the likelihood that the team would commit itself to a decision that one might make on one's own.
• Group support for objectives-It refers to team members' knowledge or expertise in relation to the problem.
• Team competence-It refers to the ability of team members to work together in solving problems.
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Texas Inc sold merchandise to Fagin Corp on December 28, 2014, with shipping terms of FOB destination. Fagin Corp received the merchandise on January 3, 2015 . Which one of the following statements is true?
a. Texas should record sales revenue on December 28, 2014. b. Fagin Corp. should pay the transportation costs. c. Fagin Corp. should include the merchandise in its inventory at December 31, 2014. d. Fagin Corp. should record a liability for the purchase on January 3, 2015.
Paraquat Manufacturing produces a chemical herbicide and uses process costing. There are three processing departments—Mixing, Refining, and Packaging. On January 1, the first department—Mixing—had a zero beginning balance. During January, 42,000 gallons of chemicals were started into production. During the month, 34,000 gallons were completed, and 8000 remained in process, partially completed. In the Mixing Department, all direct materials are added at the beginning of the production process, and conversion costs are applied evenly throughout the process.
During January, the Mixing Department incurred $63,000 in direct materials costs and $240,000 in conversion costs. At the end of the month, the ending inventory in the Mixing Department was 60% complete with respect to conversion costs. First, calculate the equivalent units, then calculate the cost per equivalent unit, and then calculate the total cost of the product that was completed and transferred out during January. The weighted-average method is used. The total cost of product transferred out was ________. (Round any intermediate calculations two decimal places, and your final answer to the nearest dollar.) A) $51,000 B) $240,000 C) $303,000 D) $261,460
Under the effective interest method of amortizing a bond discount, the bond interest expense recorded for each period decreases over the life of the bond
Indicate whether the statement is true or false
Our preregistration response to the conference on ergonomics is 10% greater than last years meeting
What will be an ideal response?