Value judgments are made by the receiver ________.
A. in every communication situation
B. in communication situations between parties of different backgrounds
C. in communication situations prior to the establishment of trust
D. in most communication situation
Answer: A
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By using the book value method to record the conversion of convertible bonds, managers are able to protect themselves from recording conversion losses.
Answer the following statement true (T) or false (F)
Which of the following can help companies make strategic planning effective?
a. Refraining from involving top management in the strategic planning process b. Making strategic an ongoing process rather than an annual exercise c. Eliminating managerial intuitions d. Avoiding cross-functional teams
In order to function correctly, the scientific management approach requires that:
a. Managers think and control and workers act. b. Managers work alongside workers. c. Workers perform tasks in teams, without managers present. d. Workers focus more on quality than quantity. e. Workers perform a variety of complex tasks rather than discrete activities.
A bond sinking fund provision requires a firm to:
A. issue bonds every year to finance interest payment on bonds. B. retire a portion of the bond issue each year. C. increase the coupon rate by one percent every year. D. use annual interest payments for the repayment of bonds. E. gradually reduce the face value of debt to the level of market value of debt.