On April 1, Santa Fe, Inc. paid Griffith Publishing Company $1,548 for 36-month subscriptions to several different magazines. Santa Fe debited the prepayment to a Prepaid Subscriptions account, and the subscriptions started immediately. What amount should appear in the Prepaid Subscription account for Santa Fe, Inc. after adjustments on December 31 of the first year assuming the company is using a calendar-year reporting period and no previous adjustment has been made?
A. $0.
B. $516.
C. $1,548.
D. $1,161.
E. $387.
Answer: D
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Which sequence of goals is consistent with "cascading" goals that begin at the top of the organizaiton?
A. strategic goals > divisional goals > department goals > individual goals B. individual goals > department goals > divisional goals > strategic goals C. divisional goals > strategic goals > individual goals > departmental goals D. departmental goals > individual goals > strategic goals > divisional goals E. customer goals > employee goals > manager goals > company goals
Consider four investments, where risk is measured by the standard deviation. The investments are identical in every way except for their expected return and risk: Investment A:expected return = 2 percent, risk = 5 percentInvestment B:expected return = 5 percent, risk = 4 percentInvestment C:expected return = 14 percent, risk = 20 percentInvestment Dexpected return = 6 percent, risk = 12 percent ? If a risk-averse investor can buy only one of the four investments and compares each investment with the other three, which investment option would he never choose?
A. Investment A, because its expected return is lower than Investment B and its risk is higher. B. Investment B, because its expected return is so much lower than Investment C. C. Investment C, because its risk exceeds its expected return. D. Investments D, because the expected return to investment D is so much lower than Investment C.
A division of a manufacturing company responsible for a particular product is a(n) ________.
Fill in the blank(s) with the appropriate word(s).
Burns’s perspective on ethical leadership stems from his work in which other theory?
A. leader–member exchange B. transformational C. adaptive D. servant