Julia's company has a well-documented performance management process whereby each employee's performance correlates directly to yearly bonuses and pay raises. This process demonstrates motivation through a high level of instrumentality.
Answer the following statement true (T) or false (F)
True
Instrumentality is a person's perception about the extent to which performance at a certain level results to attainment of outcomes. Managers promote high levels of instrumentality when they link performance to desired outcomes.
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Liquidation of a partnership usually means that assets are sold, liabilities are paid, and remaining cash is distributed to the partners
a. True b. False Indicate whether the statement is true or false
A computer operator was in a hurry and accidentally used the wrong master file to process a transaction file. As a result, the accounts receivable master file was erased. Which control would prevent this from happening?
a. header label check b. expiration date check c. version check d. validity check
How does adopting a JIT system affect the firm's relationship with suppliers and how must suppliers change their way of doing business?
Cardinal Company sells merchandise for $24,000 cash on March 31. The sales tax law requires Cardinal to collect 8.5% sales tax on every dollar of merchandise sold. Record the entry for the sale and its applicable sales tax.
What will be an ideal response?