When an activity is created to provide goods or services to provide assistance to other departments or other governmental units, it should be accounted for in the:
A. Enterprise Fund.
B. General Fixed Asset Group.
C. Special Revenue Fund.
D. Internal Services Fund.
Answer: D
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The influence tactic most likely to result in the enthusiastic commitment of employees
A. legitimating tactics. B. consultation. C. ingratiating tactics. D. coalition tactics. E. personal appeals.
Interest payable on a loan becomes a liability:
a. When the borrowed money is received. b. When the note payable is issued. c. At the maturity date. d. As it accrues.
Which of the following is a disadvantage when a business accepts credit cards or debit cards from customers?
A) The business bears the responsibility of collecting cash from the customer. B) The business bears the risk of nonpayment by the customer. C) The business pays a processing fee. D) The business checks customers' credit ratings.
Which of the following is a method of reducing escalation of commitment?
A. Splitting the responsibility for project decisions B. Increasing a decision maker's cognitive dissonance C. Motivating decision makers to be highly optimistic about their decisions D. Encouraging decision makers to not give up on their poor choices