The use of self-directed teams to respond to competitive advantage is decreasing due to better communications through technology
Indicate whether the statement is true or false
FALSE
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The following information is available for Birch Company at December 31: Money market fund balance$2,790 Certificate of deposit maturing June 30 of next year$10,000 Postdated checks from customers$1,475 Cash in bank account$21,430 NSF checks from customers returned by bank$650 Cash in petty cash fund$200 Inventory of postage stamps$24 U.S. Treasury bill purchased on December 15 and maturing on February 28 of following year$5,000 Based on this information, Birch Company should report Cash and Cash Equivalents on December 31 of:
A. $39,420 B. $41,345 C. $31,345 D. $38,770 E. $29,420
Give two examples of ‘listening posts’ established to scan the environment and diffuse innovation from one geographical location to other parts of the company.
What will be an ideal response?
Performance analysis differs from sales analysis in that performance analysis involves
A. analyzing only the performance of sales representatives. B. comparing performance against standards-looking for exceptions or variations. C. detailed breakdowns of a company's sales records. D. analyzing only people-not products or territories. E. budgeting for marketing expenditures on the basis of contribution margins.
Martha, a U.S. citizen, owns 40% of the stock of George Corporation, an electing S corporation. At the time of her death this year, the George stock passes to her estate. The stock is subsequently transferred to a trust provided for in Martha's will. Can the testamentary trust hold the George stock for a two-year period before the S election is terminated?
What will be an ideal response?