The Fisher Effect involves which of the items below?
A) Nominal rate, the real rate, and inflation
B) Nominal rate and the real rate only
C) Nominal rate and inflation only
D) Nominal rate, the bond rate, and inflation
Answer: A
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Direct costs can be conveniently traced to a cost object
Indicate whether the statement is true or false
All decisions for the coffee chain Traded Beans are made by the founder and chief executive officer. This company has a ________ decision-making structure.
A. distributed B. centralized C. divisional D. collective E. democratic
Apple Trust reports net accounting income of $40,000, all from taxable sources. The trustee is required to distribute $15,000 annually to Megan. The trustee also makes discretionary distributions of $30,000, $7,500 to Megan and $22,500 to Caroline. The trust pays $5,000 of the discretionary distributions from corpus. What is the taxable amount of the Megan's tier-2 distribution?
A) $7,500 B) $6,250 C) $15,000 D) $22,500
Answer the following statements true (T) or false (F)
1. In corporate cults, the culture is so strong that it focuses employees on one mental model so much that they may fail to see issues from different perspectives. 2. Efficiency-focused cultures are likely to be more important for companies in environments with strong competition and standardized products. 3. Very strong cultures often become dysfunctional when they discourage dissenting subcultural values. 4. Organizations with adaptive cultures are unable to maintain a stable value system and, consequently, tend to perform poorly in the long run. 5. The first step in a bicultural audit is to identify strategies and prepare action plans to bridge the two organizations cultures.