Three department managers are having a meeting. They have had problems working together before, but currently are developing competence in doing so. They have learned to work together and are developing friendships. Which stage of group development are the managers portraying?
a. performing
b. forming
c. norming
d. storming
c. norming
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In the U.S. a CPA firm can provide both internal and external audit services for the same public company client
a. True b. False Indicate whether the statement is true or false
The purchases journal is a special journal that ________.
A) has special columns for credits to merchandise inventory B) is used to record all purchases of merchandise inventory C) has a special column for debits to accounts payable D) is used to record merchandise inventory, office supplies, and other assets purchased on account
How does the sexual harassment diversity training exercise seek to improve awareness about sexual harassment with participants?
a. Participants discuss hypothetical sexual harassment scenarios in small groups. b. Participants journal about their own experiences. c. Participants role-play hypothetical scenarios. d. Victims of sexual harassment speak about their experiences.
A fixed asset with a cost of $41,000 and accumulated depreciation of $36,000 is traded for a similar asset priced at $50,000. Assuming a trade-in allowance of $4,000, the cost basis of the new asset is
A) $54,000 B) $45,000 C) $51,000 D) $50,000