Which of these statements about organizational stories is true?
A. Organizational stories are just stories; most employees have a hard time believing them.
B. Stories communicate organizational culture if they describe positive events, whereas they
undermine organizational culture if they describe negative events.
C. Organizational stories are descriptive, but not prescriptive.
D. Stories are most effective at communicating corporate culture when they describe real
events with real people.
E. Organizational stories advise people what not to do, but leave out the solutions and
suggestions.
D. Stories are most effective at communicating corporate culture when they describe real
events with real people.
Stories have the greatest effect on communicating corporate culture when they describe real
people, are assumed to be true, and are known by employees throughout the organization.
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The following information has been provided to you by your controller: Net income$100,000 Decrease in accounts payable $38,000 Decrease in inventory$7,500 Increase in accounts receivable$8,000 Decrease in bonds payable$75,000 Amortization of bond discount$9,400 Depreciation expense$20,000 Increase in income taxes payable$6,000 What is the net cash flow from operating activities?
A. $112,900 B. $ 94,100 C. $ 96,900 D. $ 97,900
Research conducted on U.S. populations has shown that compared to men, women ______.
A. are more likely to self-promote B. are less likely to serve as social facilitators C. more drawn to roles such as “facilitator” instead of “leader” D. are less likely to have an advanced degree
A flexible budget:
A. parallels a static budget with respect to format and advantages of use. B. is both preferred over a static budget in the evaluation of performance and can be used to compare actual and budgeted costs at various levels of activity. C. can be used to compare actual and budgeted costs at various levels of activity. D. is preferred over a static budget in the evaluation of performance. E. gives management flexibility in terms of meeting budget goals.
If a $10,000 face value discount bond maturing in one year is selling for $5,000, then its yield to maturity is
A) 5 percent. B) 10 percent. C) 50 percent. D) 100 percent.