A ________ is a long-term unsecured debt instrument that is based on a corporation's general credit standing

A) debenture
B) bond
C) note
D) treasury share


A

Business

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Which of the following is a characteristic of transformational leaders?

A. They are better in stable situations. B. They clarify employees' roles. C. They set goals and monitor progress toward their achievement. D. They encourage people to do exceptional things. E. They provide rewards in exchange for subordinates doing the work.

Business

Systems that use sequential master files employ a backup technique called destructive update

Indicate whether the statement is true or false

Business

Deco Corporation uses a job costing system. On January 1, Deco corporations work in process inventory account had a balance of $75,800. During the year, materials requisitioned for use in production amounted to $120,400, of which $83,000 represented direct materials. Factory wages for the period were $231,800, of which $219,300 were for direct labor. Manufacturing overhead is allocated on the basis of 90% of direct labor cost. Actual overhead cost for the year was $125,700. Jobs costing $256,800 were completed during the year.

The December 31 work in process inventory balance is

Business

Because customers almost always have objections during the presentation or closing step of the selling process, all salespeople should anticipate and be prepared to respond to objections

Indicate whether the statement is true or false

Business