Leadership traits may vary some by culture, but underneath, they all build on the basic idea that all people want to be led and directed.

Answer the following statement true (T) or false (F)


False

Leadership traits vary by culture. The notion of what leadership is varies by culture.

Business

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Which of the following is not an element of management's assessment process for the effectiveness of internal control?

A. Determining the locations and business units to include in the evaluation. B. Identifying financial reporting risks and related controls. C. Evaluating evidence about the operating effectiveness of ICFR. D. Obtaining the auditor's assessment of the internal control effectiveness.

Business

Tulley Manufacturing has an unfavorable direct labor rate variance. Which of the following would be the most likely reason for this variance?

A) The company used lower-paid workers in the production process than they had expected. B) Employees took a longer amount of time to produce the product than expected. C) The company gave employees an unexpected raise due to union negotiations. D) Employees used more direct materials in the production process than expected.

Business

Which of the following scenarios best exemplifies a glass ceiling effect?

A. Roger asks his senior manager to standardize compensation packages at the top level. B. Keith is not considered for the role of a factory worker because he is a child. C. Elena asks her team to contribute toward a green economy. D. Sheba is not considered for the role of a senior manager because she is a woman.

Business

When the reorder point r exceeds Q*, the difference is

a. safety stock. b. one or more outstanding orders. c. surplus inventory. d. backorders.

Business