In the context of the principles of effective delegation, which of the following is the first step of deciding what to delegate?
A. providing a brief explanation of the task
B. choosing an individual for the assignment
C. identifying all the present activities
D. indicating how the task needs to be accomplished
Answer: C
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Recording a purchase of inventory using QuickBooks involves all the following steps except:
A. Receive item and record as inventory B. Receive bill and record obligation to pay vendor later C. Create invoice order to bill customers for purchases D. Create purchase order to order items from vendor
Which of the following activities is a manager likely to carry out everyday?
A) Establishing selling prices for products B) Ensuring quality of products produced C) Estimating overhead costs to be incurred D) Preparing financial statements for a period
In Coastal Fishing Company's suit against Dockside Marina, Inc, the jury returns a verdict in Coastal's favor. Dockside files a motion stating that even if the evi¬dence is viewed in the light most favorable to Coastal, a reasonable jury should not have found in its favor. This is a mo¬tion for
a. a judgment in accordance with the verdict. b. a judgment on the pleadings. c. a new trial. d. judgment n.o.v.
You have just won the university lottery. If you graduate, you will receive a refund equal to the amount of tuition you paid in your first four years of school
However, you need money now and a firm that specializes in buying expected future cash flows has offered to discount the lottery winnings at a rate of 8% and pay you cash today in exchange for your future lottery winnings. Since you have studied finance, you insist that they discount the cash flows at 12% instead of 8% because there is some risk as to the certainty of your graduating. If the firm agrees to your demand, then this means they will increase the present value of what they will pay you today. Indicate whether the statement is true or false.