When only one party to a contract is mistaken about a material fact that is the subject matter of
the contract, that party will not be permitted to rescind the contract.
Indicate whether the statement is true or false
TRUE
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Which of the following is not part of the process to “successfully” deliver negative feedback?
a. The leader should deliver this feedback in the form of an attribution. b. The leader should specifically confront the negative behavior. c. The leader should report how that behavior affects her and the organization. d. Problem-solve a solution together.
What benefit created by the U.S. Congress is intended to encourage charitable giving?
A. income tax deductions for gifts B. removal of limitations on lobbying C. receiving a 501(c)(1) classification D. receiving free health-care vouchers in exchange for gifts
Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $198,000 of raw materials on credit; issued materials to production of $195,000 of which $30,000 were indirect. Minstrel incurred a factory payroll of $150,000, of which $40,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. The journal entry to record the factory payroll is:
A. Debit Work in Process Inventory $110,000; credit Factory Overhead $40,000; credit Factory Wages Payable $150,000. B. Debit Work in Process Inventory $150,000; credit Factory Overhead $40,000; credit Factory Wages Payable $110,000. C. Debit Work in Process Inventory $150,000; debit Factory Overhead $40,000; credit Factory Wages Payable $190,000. D. Debit Work in Process Inventory $110,000; debit Factory Overhead $40,000; credit Factory Wages Payable $150,000. E. Debit Work in Process Inventory $150,000; credit Cash $150,000.
______ are the most useful and frequently studied dimensions of cultural variation in explaining a diverse array of social behavior.
A. Social axioms B. Individualism and collectivism C. Cognitive structures D. Role structure