What are the five types of power discussed in the textbook? Pick three of the five types of power that you hope your future boss will possess and explain why.
What will be an ideal response?
Organizational legitimate power--the leader’s officially sanctioned authority to ask
others to do things. Organizational reward power--the use of incentives to influence the
actions of others. Organizational coercive power--the means by which a person controls
the behavior of others through punishments, threats, or sanctions personal expert
power--the ability to influence the behavior of others through the possession of
knowledge or expertise on which others depend personal referent power--the influence
a leader gains over others when they desire to identify and be associated with him or
her. Students explain why they want a boss to have certain types of power.
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The offering of services on account is recorded in the revenue journal
Indicate whether the statement is true or false
Expired costs are called assets
Indicate whether the statement is true or false
A cost that changes in total in proportion to changes in volume of activity is a(n):
A. Product cost. B. Variable cost. C. Incremental cost. D. Fixed cost. E. Differential cost.
Amounts owed for products or services purchased on account are accounts receivable
Indicate whether the statement is true or false