Jacob Smith overheard that Joe Dunn was blowing the whistle on managers at XYZ Company and that a full story would appear in Sunday's paper. Jacob quickly alerted the managers, who were able to stop the newspaper from printing the article. This is an example of managers'
A. ignoring the grapevine.
B. involving the grapevine as a useless communication network.
C. trying to eliminate the grapevine.
D. using the grapevine as a managerial tool.
E. reducing the credibility of information from the grapevine.
Answer: D
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Indicate whether the statement is true or false
Activity-based costing and generally accepted accounting principles differ in that ABC
a. does not define product costs in the same manner as GAAP. b. cannot be used to compute an income statement, but GAAP can. c. is concerned only with costs generated from automated processes, but GAAP is concerned with costs generated from both manual and automated processes. d. information is useful only to managers, while GAAP information is useful to all organizational stakeholders.
One of the weaknesses of the direct write-off method is that it
A) understates accounts receivable on the balance sheet B) violates the matching principle C) is too difficult to use for many companies D) is based on estimates
The coefficient of determination has a value between ______.
A. 0 and 1 B. –1 and +1 C. –? and +? D. –1 and 0