Answer the following statements true (T) or false (F)
1.The situational model of leadership suggests that the effectiveness of a group is contingent on the relationship between the style of leadership and the degree to which the situation enables the leader to exert influence.
2.Achievement-oriented leadership is a style that involves consultation with subordinates and a serious consideration of their ideas before the leader makes a decision.
3.The psychological relationship between leaders and followers is cut through by tension and the potential for great antagonism.
4.The successful leader stimulates resonance among those who follow.
1.false
2.false
3.true
4.true
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Journalize the following transaction for a merchandiser that uses the perpetual inventory system. Received returned goods from a customer, $1,000 (cost, $740). The goods were sold on account. Omit explanation.
What will be an ideal response?
Which of the following statements regarding receivables is correct?
A) Each receivable transaction involves three parties. B) Receivables occur when a business loans money to another party. C) A receivable occurs when a business makes a cash sale of goods or services to another party. D) A receivable is the right to pay cash in the future from a current receivable transaction.
When the straight-line method of amortization is used for a bond premium, the amount of interest expense for an interest period is calculated by
A) adding the amount of premium amortization for the period to the amount of cash paid for interest during the period. B) deducting the amount of premium amortization for the period from the amount of cash paid for interest during the period. C) multiplying the carrying value of the bonds by the effective interest rate. D) multiplying the face value of the bonds by the face interest rate.
______ is the continuing evaluation and reordering of the sequence in which products will be produced.
a. Priority scheduling b. Time flow mapping c. Critical scheduling d. Process routing