Like most successful companies, Pads & Phones, Inc (P&P), has trade secrets. The law protects those secrets if
a. P&Pemployees do not divulge the information to outside parties.
b. P&Pemployees do not handle confidential documents.
c. P&Pemployees never leave the company's employ.
d. the information is unique and has value to a competitor.
D
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______ that provide appropriate rewards and feedback, and that encourage a collaborative environment, tend to possess a more creative culture.
A. Organizations B. Work groups C. Coordinators D. Supervisors
At the current year-end, Ruiz Company found that its overhead was underapplied by $2,500, and this amount was not considered material. Based on this information, Ruiz should:
A. do nothing about the $2,500, since it is not material, and it is likely that overhead will be overapplied by the same amount next year. B. close the $2,500 to Cost of Goods Sold. C. carry the $2,500 to the next period. D. close the $2,500 to Finished Goods Inventory. E. carry the $2,500 to the income statement as "Other Expense".
Cheyenne Company has budgeted the following information for June: Cash receipts$271,000 Beginning cash balance 5,000 Cash payments 280,000 Desired ending cash balance 25,000 If there is a cash shortage, the company borrows money from the bank. All cash is borrowed at the beginning of the month in $1,000 increments, and interest is paid monthly at 1% on the first day of the following month. The company had no debt before June 1. The amount of interest paid on July 1 would be:
A. $290. B. $400. C. $221. D. $250.
In-person presentationis a communication channel with high channel richness.
Answer the following statement true (T) or false (F)