The delay between when you receive payment and when the bank gives you credit is called

A) Disbursement Float
B) Net Float
C) Clearing Float
D) Collection Float


D

Business

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Which of the following is an accurate conclusion based on a recent meta-analysis of more than 38,000 organizational units and 616,000 individuals?

A. An organization's culture does not matter. B. An organization's financial performance (profit and revenue growth) is strongly related to organizational culture. C. Employees have more positive work attitudes when working in organizations with clan cultures. D. Quality and innovation are most closely related to hierarchical cultures. E. Adhocracy cultures produce higher customer satisfaction and market share.

Business

This question is composed of two parts; be sure to answer both. First, compare and contrast open and closed systems. Explain why almost all businesses today have an open system. Next, suppose you manage a business in which you hire young musicians to give lessons to school children. In what ways will you need your business to be open?

What will be an ideal response?

Business

In what type of purchase would one person most likely assume all or most buying center roles?

What will be an ideal response?

Business

Alfeo Corporations has adopted a JIT management system and has the following transactions in February

Feb 2 Incurred labor and overhead costs, $89,000 Feb 18 Completed 750 units with standard costs of $93 for direct materials and $146 for conversion costs Open a T-account for Conversion Costs. Post appropriate entries to determine the amount of underallocated or overallocated overhead. Record the adjusting entry. What will be an ideal response

Business