Chet is the manager of his bank. He encourages his employees to express their opinions openly, and in several instances he has come forward and acknowledged his mistakes. What component of transformation leadership does Chet possess?
A. inspirational motivation
B. idealized influence
C. individualized consideration
D. intellectual stimulation
D. intellectual stimulation
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Which is not an advantage of working in a team?
A. A group decision may be of a higher quality than that made by an individual. B. It provides a welcome break from routine independent tasks. C. Group members are more likely to be committed to the information presented. D. It may reduce the chance of communication problems.
Which of the following statements is correct concerning the voluntary filing of a petition of bankruptcy?
a. If the debtor has 12 or more creditors, the unsecured claims must total at least $15,325. b. The debtor must be solvent. c. If the debtor has less than 12 creditors, the unsecured claims must total at least $15,325. d. The petition may be filed jointly by spouses (AICPA adapted).
If a company has a signed purchase order from a creditworthy customer and the gross profit margin on the order is anticipated to be 36 percent, purchase-order financing is likely.
Answer the following statement true (T) or false (F)
In order to compute the operating ratio-enterprise funds, one would look in the CAFR in which of the following sections?
A. In the government-wide Statement of Net Position. B. In the proprietary funds Statement of Net Position. C. In the proprietary funds Statement of Cash Flows. D. In the proprietary funds Statement of Revenues, Expenses, and Changes in Fund Net Position.