According to Mintzberg, what are two of the decision-making roles of a manager?
a. Figurehead
b. Negotiator
c. Entrepreneur
d. Disseminator
Answer: b. Negotiator
c. Entrepreneur
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Every transaction affects at least two accounts. The purchase of land in exchange for cash is recorded with which of the following entries?
a. debit to Land and credit to Accounts Payable b. debit to Cash and credit to Land c. debit to Land and credit to Cash d. debit to Stockholders' Equity and credit to Cash
Which sentence is punctuated correctly?
A) Our summer sale begins tomorrow visit our website today for a sneak preview. B) Our summer sale begins tomorrow, visit our website today for a sneak preview. C) Our summer sale begins tomorrow; visit our website today for a sneak preview.
You pay 20% down on a home with a purchase price of $180,000. Your bank will loan the remaining balance of $144,000 at 7% APR. You have an option to make annual payments or monthly payments on the loan
Both options have a 30-year payment schedule. What is the annuity payment under the annual plan? What is the annuity payment under the monthly plan? What will be an ideal response?
The SEC concluded in the Jett decision:
a. That Jett acted alone in his conduct. b. That Jett deceived Kidder Peabody. c. That Jett was able to adequately explain all of his profits and conduct. d. Both a and b