Which of the following is NOT an element of Ott’s notion of organizational culture?
A) Organizational culture is made up of such things as values, beliefs, assumptions, perceptions, behavioral norms, artifacts, and patterns of behavior
B) Organizational culture has a process of formally approving or prohibiting behaviors
C) Organizational culture is a socially constructed, unseen, and unobservable force behind organizational activities
D) Organizational culture is a unifying theme that provides meaning, direction, and mobilization for organization members
B) Organizational culture has a process of formally approving or prohibiting behaviors
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Adjudication of drawer's incompetence will not affect the bank's ability to act with respect to the drawer until the bank knows and has a reasonable opportunity to act on this knowledge
a. True b. False Indicate whether the statement is true or false
Houston Corporation reports the following cost information for March
Cost of Goods Manufactured $75,000 Manufacturing Overhead 18,700 Finished Goods Inventory, March 1 4,000 Finished Goods Inventory, March 31 4,000 Work-in-Process Inventory, March 1 9,790 Work-in-Process Inventory, March 31 1,280 Direct Labor 36,800 What is the amount of direct materials used by the company in March? A) $10,990 B) $8,510 C) $18,100 D) $19,500
If a company is guilty of false advertising, the Federal Trade Commission (FTC) may require the company to run corrective advertisements
Indicate whether the statement is true or false
Which of the following statements is not true regarding municipal bonds?
A) They are issued by state and local governments. B) They are free from the risk of default. C) The interest is exempt from federal income taxes. D) The interest is exempt from state taxes if the investor resides in the state where the bond was issued.