Evelyn, a team leader, wanted to make some changes in the seating arrangement of her team members in order to improve communication. She chalked out a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This is an example of
A. groupthink.
B. two-way communication.
C. one-way communication.
D. filtering.
E. intrapersonal communication.
Answer: B
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Assume that the indirect method is used to determine net cash provided by (used in) operating activities and that Prepaid Insurance decreased during the year. That decrease is added to net income because:
A. it includes the impact of increasing cash and increasing net income. B. a decrease in Prepaid Insurance causes an increase in Insurance Expense and a decrease in net income, but it does not involve cash so it is added back to net income. C. the company paid additional premiums this period in excess of the Insurance Expense recorded on the income statement. D. it accounts for purchasing more insurance during the period than has been expensed.
What is the importance of owners' equity in accounting?
What will be an ideal response?
ISO 9000 is primarily concerned with what?
What will be an ideal response?
When web sites suggest other items for purchase based on already purchased items, this is an example of Clickstream Selling.
Answer the following statement true (T) or false (F)