"Follow through quickly and without discrimination or bias" is a suggested guideline for using ________ power.
A. reward
B. referent
C. coercive
D. expert
E. legitimate
Answer: C
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Margaret Company purchased equipment on January 1, 2014, for $500,000. At the date of acquisition, the equipment had an estimated useful life of eight years with a $50,000 salvage value, and it was depreciated using the straight-line method. On January 1, 2019, based on updated information, Margaret decided that the equipment had a total estimated life of ten years and no salvage value. What is
the amount of depreciation expense on the equipment in 2019? A) $56,250 B) $45,000 C) $21,875 D) $43,750
________ focus on offering lower prices and turning products over quickly
A) Specialty stores B) Discount stores C) Department stores D) Superstores E) Category killers
The Internet is superior to traditional channels because ____________
a. costs are much lower when there is no physical location. b. the Internet is always open for business, whereas traditional channels may have limited hours. c. more customers will eventually access the Internet than will use traditional channels. d. it's better able to help researchers collect data on consumer information and search behaviors. e. it can distribute both products and services much faster.
The fundamental accounting equation is ________________________________________.
Fill in the blank(s) with the appropriate word(s).