Which of the following typically would be considered an incremental cost?
A) Fixed cost
B) Direct product cost
C) Sunk cost
D) Administrative overhead cost
B
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Answer the following statements true (T) or false (F)
1. Those with a high need for achievement may be the least efficient managers because they may resist making decisions that make others resent them. 2. According to equity theory, employees who feel they are being underrewarded are more likely to support organizational change, more apt to cooperate in group settings, and less apt to turn to arbitration and the courts to remedy real or imagined wrongs. 3. John's manager just told his team about this year's contest, the winner of which will receive an all-expense paid trip to Bangkok. John does not like to travel to places where he can't speak the language, so he is not very enthusiastic. This reward has a high valence for John. 4. To be most motivating, goals should be specific and challenging but achievable.
Which of the following statements is NOT true?
a. A world economy and monetary system are emerging.
b. Markets are shifting slowly and in many cases diverging in tastes, trends, and prices.
c. Corporations in every corner of the globe are taking advantage of the opportunity to obtain customers globally.
d. America's economy is becoming much less American.
e. Innovative transport systems are accelerating the transfer of technology.
Define and discuss one of the six stages of listening.
What will be an ideal response?
An investor that uses the equity method of accounting for its investment in a 40 percent-owned investee that earned $50,000 and paid $8,000 in dividends, made the following entries: Investment in Equity Securities 20,000 Equity in Earnings of Investee 20,000 Cash 3,200 Dividend Revenue 3,200 What effect will these entries have on the parent corporation's statement of financial position?
a. Investment in subsidiary understated, retained earnings understated. b. Investment in subsidiary overstated, retained earnings overstated. c. Investment in subsidiary overstated, retained earnings understated. d. Financial position will be fairly stated.