The right side of a T-account is a(n):
A. Credit.
B. Decrease.
C. Account balance.
D. Increase.
E. Debit.
Answer: A
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A ________ leader manages through activities, using his or her legitimate, reward, and coercive powers to give commands and exchange rewards for services rendered.
A. transactional B. transformational C. situational D. charismatic E. natural
Dividends in arrears are required to be reported in:
A) a liability account. B) a contra-equity account. C) the stockholders' equity section of the balance sheet. D) the notes to the financial statements.
Secondary boycotts
a. are generally legal provided the boycott is peaceful. b. are generally legal provided the boycott does not involve public employees such as nurses or school teachers. c. are not expressly permitted nor prohibited under federal law. d. are generally illegal.
Which of the following is true with regard to the election of directors?
a. Normally, each shareholder has the number of votes as listed in the bylaws. b. Under the Revised Act, cumulative voting rights for shareholders are mandatory. c. Shareholders elect directors twice a year at the biannual shareholder's meeting. d. Under the Revised Act, directors are elected by a plurality of the shareholder votes.