Answer the following statements true (T) or false (F)
1. In the contingency leadership model, a person's leadership orientation is measured on a questionnaire called the most preferred leader scale.
2. In the contingency leadership model, the most important component of situational control is leader-member relations.
3. According to Fiedler's model, a task orientation will be more effective than a relationship one in a high- or low-control situation, but the relationship orientation is best in a moderate-control situation.
4. In the path-goal leadership model, the successful leader helps followers by tying meaningful rewards to goal accomplishment.
1. FALSE
To determine a person's leadership orientation, the contingency model has a questionnaire known as the least preferred coworker (LPC) scale.
2. TRUE
Leader-member relations, the most important component of situational control, reflects the extent to which a leader has or doesn't have the support, loyalty, and trust of the work group.
3. TRUE
Neither leadership style is effective all the time, Fiedler's research concludes, although each is right in certain situations. The task-oriented style works best in either high-control or low-control situations. The relationship-oriented style works best in situations of moderate control.
4. TRUE
The path-goal leadership model holds that the effective leader makes available to followers desirable rewards in the workplace and increases their motivation by clarifying the paths, or behavior, that will help them achieve the goals and providing them with support. A successful leader thus helps followers by tying meaningful rewards to goal accomplishment, reducing barriers, and providing support.
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Net cash flow can be calculated by adjusting the projected net income from a project for any non-cash revenues and expenses.
Answer the following statement true (T) or false (F)
The income statement for Eagle, Inc is divided by its two product lines, blankets and pillows, as follows
Blankets Pillows Total Sales revenue $800,000 $700,000 $1,500,000 Variable costs 450,000 230,000 680,000 Contribution margin 350,000 470,000 820,000 Fixed costs 65,000 85,000 150,000 Operating income (loss) $285,000 $385,000 $670,000 If total fixed costs remain unchanged and Eagle, Inc drops the pillows line, operating income will decrease by $470,000. Indicate whether the statement is true or false
Robert Company sold inventory to an Australian company for 50,000 Australian dollars on April 1, 20X0 with settlement to be in 60 days. On the same date, Robert entered into a 60-day forward contract to sell 50,000 Australian dollars at a forward rate of $1.164 in order to manage its exposed foreign currency receivable. The forward contract is not designated as a hedge. The spot rates were as follows: April 11 Australian dollar=$1.167 May 311 Australian dollar= 1.16 Based on the preceding information, the entry to revalue the foreign currency payable to current U.S. dollar value on May 31 will include a
A. credit to Foreign Currency Transaction Gain for $200. B. debit to Foreign Currency Transaction Loss for $550. C. debit to Foreign Currency Transaction Loss for $350. D. credit to Foreign Currency Transaction Gain for $350.
A company makes two products from steel; one requires 2 tons of steel and the other requires 3 tons. There are 100 tons of steel available daily. A constraint on daily production could be written as: 2x1 + 3x2 ? 100
a. True b. False Indicate whether the statement is true or false