Myranda wants to implement team-based work in her organization that has always done things individually. In this example, the refreezing step might look like which of the following statements:
A. Discuss the needs for the change.
B. Show a new organizational chart to employees, showing that teams are the new way
that work will be organized.
C. Challenge assumptions regarding working alone and getting rewarded for individual
effort.
D. Offering team rewards and reinforcing the new way work is organized.
D. Offering team rewards and reinforcing the new way work is organized.
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When we consciously control our face to communicate a message meant only for public consumption, we are giving a performance and displaying which of the following?
A. representational facial expressions B. genuine feelings C. presentational facial expressions D. nondeceptive facial messages
Fashion Barn Company, a retailer, accepts payment through credit cards. During August, credit card sales amounted to $12,000. The processor charges a 3% fee. Assume that the processor deposits the net amount. Prepare the journal entry for credit card sales. (Ignore cost of goods sold.) Omit explanation.
What will be an ideal response?
If firms expect to receive cash more than one year after the time of recognizing revenue, they measure revenues at the
a. future value of the amount of cash they expect to receive. b. present value of the amount of cash they expect to receive. c. fair value. d. aggregate total of the amount of cash they expect to receive. e. net realizable value.
After posting the second closing entry to the income summary account, the balance will be equal to
A) zero. B) owner's equity. C) revenues for the period D) the net income or (loss) for the period.