Discuss three reasons why employees might be resistant to change.
What will be an ideal response?
Resistance to change may happen for several reasons including these: (students would only need to list three)
• Employees feeling a loss of power as their responsibilities are changed
• Employees feeling a loss in identity as their responsibilities, power, and status are changed
• Employees feeling a loss of job security as their job roles and responsibilities are changed
• Employees feeling they don’t understand the reasons for the change and are therefore not likely to support the change efforts
• Employees feeling a loss of control over their lives and the structure they have created
• Employees feeling comfortable in the status quo and uncomfortable with the uncertainty associated with the change efforts
• Employees’ fear of lack of ability or performance associated with the change
• Employee cynicism due to repeated failing change initiatives undertaken by the organization
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The main focus of managerial accounting is:
A) decision making. B) the preparation of financial statements. C) the preparation of budgets. D) documenting cash flows.
Which of the following statements is not true of mobile housing?
A) Mobile homes typically decrease in value with age. B) Most mobile homes are permanently affixed to a housing site. C) Mobile homes generally receive the same type of financing as traditional single family dwelling units. D) Construction costs per square foot are considerably less than for on-site construction.
David acquired an automobile for $30,000 for use in his unincorporated business at the beginning of 2018 and used the standard mileage rate method in 2018. He plans to switch to the actual expense method for 2019. The automobile was used 25,000 miles in 2018. What is the amount of the adjusted basis of the automobile for purposes of computing depreciation in 2019?
David acquired an automobile for $30,000 for use in his unincorporated business at the beginning of 2018 and used the standard mileage rate method in 2018. He plans to switch to the actual expense method for 2019. The automobile was used 25,000 miles in 2018. What is the amount of the adjusted basis of the automobile for purposes of computing depreciation in 2019?
A) $30,000
B) $16,625
C) $23,750
D) $20,000
Prenuptial agreements are void
Indicate whether the statement is true or false