It is usually acceptable to provide written notice of bad news to external partners
What will be an ideal response?
when your audience prefers corresponding in written form.
if you are replying to a written request.
when the bad news is not severe.
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Exhibit 13-2 On January 1, 2017, the Clutz Company purchased 30% of the 1,000,000 shares of Nancy's common stock for $15,000,000 when 30% of Nancy's net assets totaled $12,000,000. The excess of purchase price over the underlying assets was attributable to undervalued depreciable plant assets with a remaining useful life of ten years. Nancy reported net income of $8,000,000 and paid cash
dividends of $2,000,000 during 2017. ? Refer to Exhibit 13-2. What should the income reported by Clutz during 2017 from its investment in the Nancy Company be? A) $ 600,000 B) $2,100,000 C) $2,400,000 D) $2,900,000
If “firing” a guest becomes necessary, the organization should ______.
a. give the guest’s money back b. try to preserve the guest’s dignity c. let the guest decide when to leave d. call security to ensure the guest leaves
Which of the following situations is an example of an accrual?
a. Recording supplies consumed b. Recording unrecorded, earned revenues c. Recording depreciation d. Recording the portion of prepaid rent that has expired
Employees will be on their best behavior during phone calls if they know that those calls are being monitored. This can be attributed to the:
A. Hawthorne effect. B. halo effect. C. placebo effect. D. observer-expectancy effect.