What are the steps in using the semantic differential to measure people's perceptions of an organization and the behaviors of a particular group with respect tot he organization?
What will be an ideal response?
• Develop a set of relevant dimensions
• Reduce the set to a smaller number of dimensions
• Administer the instrument to a sample of respondents
• Average the results and plot the pattern
• Check on the perception variance
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The cost of merchandise sold during the year was $50,000 . Merchandise inventories were $12,500 and $10,500 atthe beginning and end of the year, respectively. Accounts payable were $6,000 and $5,000 at the beginning andend of the year, respectively. Using the direct method of reporting cash flows from operating activities, cashpayments for merchandise total
a. $49,000 b. $47,000 c. $51,000 d. $53,000
When a partnership agreement provides for the division of income to be based on time spent and investment balances, the resulting amounts may be treated by the partners as deductible salary expense and interest expense for determining the financial and taxable earnings of the partnership
Indicate whether the statement is true or false
When is nonperformance by a contractual party excusable?
What will be an ideal response?
The civil penalty for a person who trades on inside information:
a. is payable into the U.S. Treasury. b. must be imposed as a result of an action brought within three years after the date of the purchase or sale. c. is, for a controlling person, up to the greater of $1 million or two times the profit gained or loss avoided as a result of the controlled person's violation. d. All of these.