In a general partnership, liability of partners is limited to loss of capital contribution
Indicate whether the statement is true or false
FALSE
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Which of the following best describes allowances?
A. percentage increment to base pay provided to all employees regardless of performance B. pay calculated at an annual or monthly rate C. programs that help employees better integrate their work and life responsibilities D. one-time payments for meeting previously established performance objectives E. compensation to provide for items that are in short supply
Under which of the following circumstances would the desire to reduce cognitive dissonance be greatest?
A. when the individual has little control B. when large amounts of money are on the line C. when the elements seem like an inconsequential ambiguity D. when there is little emotional investment in the situation E. when the components of attitude have no inconsistency
The primary reason that managers impose a minimum cash balance in the cash budget is
a. because management needs discretionary cash for unforeseen business opportunities. b. managers lack discipline to control their spending. c. that it protects the organization from the uncertainty of the budgeting process. d. that it makes the financial statements look more appealing to creditors.
A workforce forecast predicts future people requirements based on an analysis of the future availability of labor and future labor requirements. Each of these is tempered by an analysis of external conditions.
Answer the following statement true (T) or false (F)