Gloria is a manager in a paints and coating manufacturing company. Although the authority of making the final decision lies with her, she is open to suggestions from her peers and employees and tries her best to incorporate them in various situations. In this case, Gloria is a(n) _____.
A. free-rein leader
B. laissez-faire leader
C. autocratic leader
D. democratic leader
Answer: D
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The execution of a will:
A. requires that the will be witnessed by two or three interested witnesses. B. must be published to be legal if the will is made orally. C. must strictly meet all the formalities required by state law, or it is void. D. does not have to be in writing to be used to pass on property in normal circumstances.
All of the following are considered by analysts when assessing the quality of accounting except:
a. Price variation and the speed at which inventory turns over b. Any liquidation of FIFO inventory layers c. Any physical deterioration or obsolescence of inventory d. The inventory cost-flow assumption chosen by management
A sentence requires only a subject
Indicate whether the statement is true or false
At the extreme, a firm that adheres to the conservative approach to finance current assets will finance all of its seasonal needs with long-term financing alternatives, thereby eliminating the need to use short-term financing. Such a firm will have extra permanent funds during off-peak periods, allowing it to store liquidity in the form of short-term investments during the off-season.
Answer the following statement true (T) or false (F)