When members of a team develop strong emotional bonds to other members of the team and to the team itself, they have ________, which tends to foster high levels of motivation and commitment to the team.
A. transparency
B. cohesion
C. groupthink
D. potency
E. shared competency
Answer: B
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To calculate the price-earnings ratio, use the following formula:
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Answer the following statement true (T) or false (F)
Prior to the FASB, accounting regulation was done primarily by:
a. the SEC. b. the FTC. c. AICPA subcommittees. d. large accounting firms.
Which of the following is a disadvantage of communities of practice (COPs)?
A. Social interaction is discouraged. B. Participation is often voluntary, so some employees may not share their knowledge unless the organizational culture supports participation. C. They require that employees meet face to face. D. They are not naturally occurring in companies.
Chavez Corporation reported the following data for the month of July:Inventories: BeginningEndingRaw materials$27,000$30,000Work in process$16,000$17,000Finished goods$32,000$47,000 Additional information: Raw materials purchases$66,000Direct labor cost$91,000Manufacturing overhead cost incurred$59,000Indirect materials included in manufacturingoverhead cost incurred 8,000Manufacturing overhead cost applied to Work in Process$58,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. The adjusted cost of goods sold that appears on the income statement for July is:
A. $188,000 B. $218,000 C. $189,000 D. $203,000