When wanting to show trends over time, what type of visual aid would be most effective?
A) Pie chart
B) Table
C) Bar chart
D) Line chart
E) Surface chart
Answer: D
Explanation: D) A line chart illustrates trends over time or plots the relationship of two variables. In line charts that show trends, the vertical, or y, axis shows the amount, and the horizontal, or x, axis shows the time or other quantity against which the amount is being measured. You can plot just a single line or overlay multiple lines to compare different entities.
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When reconciling the bank statement, outstanding checks should be
a. subtracted from the bank statement balance. b. added to the bank statement balance. c. subtracted from the ledger balance of cash. d. added to the ledger balance of cash.
Checks issued during the period that have been presented to the bank for payment and have been paid during the period are known as
a. postdated checks; b. cancelled checks; c. checks in transit; d. dishonored checks; e. returned checks.
The primary purpose of the Constitutional Convention of 1787 was to limit the power of the federal government and restrict it from levying or collecting taxes.
Answer the following statement true (T) or false (F)
Answer the following statements true (T) or false (F)
1. A large organization with a strong culture is immune to developing subcultures. 2. Beliefs, values, and norms are important even though they are not part of the organization’s culture. 3. A strong culture can even serve as a substitute for such management controls as policies, procedures, and managerial directives. 4. A norm is a subtle but spoken standard of behavior that defines how employees should act toward guests.