Communication among peers is called
a. upward communication
b. horizontal communication
c. lateral communication
d. both b and c
D
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When should Fassino's recognize revenue from selling the tires plus mounting, alignment, and rotation services?
a. At the time of initial installation, Fassino's performs its obligation to provide both tires and initial mounting and alignment services. Pete's should recognize revenue for the portion of the $480 selling price applicable to the sale of tires and installation services at the time of installation. b. Fassino's should delay recognition of revenue for the portion of the $480 selling price applicable to the subsequent alignment and rotation services until it performs the required services. c. Fassino's should delay recognition of revenue from selling the tires plus mounting, alignment, and rotation services until it performs all of the required services at the end of the three year period. d. At the time of initial installation, Fassino's should recognize revenue for all of the $480 selling price applicable to the tires plus mounting, alignment, and rotation services. e. Both choices a and b are correct.
Miriam Jensen purchased a fixer-upper home for $189,000 on January 4, 2015. The mortgage from Fifth Third Bank was recorded that same day in the amount of $175,000. On January 7, 2015, Miriam hired a contractor to install a new roof on her home. Miriam agreed to pay the contractor over time. The contractor filed a lien on her home on January 10, 2015, after the roof was installed. On January 23,
2015, Miriam purchased all new kitchen appliances including a built-in microwave, a built-in double oven, a countertop porcelain stove, and a refrigerator with panels that match the new cabinets her contractor was installing in the kitchen. Miriam purchased all of the appliances from Spencer TV and Appliance. The appliances were installed on January 30, 2015. Spencer's took a security agreement on January 23, 2015 and filed a financing statement on January 31, 2015. On February 1, 2015, Miriam bought a new bathtub for her bathroom that was installed by her contractor on February 5, 2015. Miriam had purchased the bathtub from Golden Baths and signed a security agreement on February 1, 2015. Golden Baths filed a financing statement on February 6, 2015. Miriam lost her job on July 23, 2015 and had to cease paying her mortgage. Fifth Third Bank foreclosed on the home on August 15, 2015. Miriam owed $174,000 at the time of foreclosure. She owes the following amounts to various creditors: Spencer's $17,000.00 Golden Bath $2,200.00 Roofing contractor $4,500.00 ?What are the rights of Spencer's upon Fifth Third Bank's foreclosure? A) To wait until the sale and hope the sale proceeds cover the debt B) To repossess the appliances C) Spencer's has no rights because Fifth Third Bank is first in priority D) None of the above
In the Magpie Sensing case study, the automated collection of temperature and humidity data on shipped goods helped with various types of analytics. Which of the following is an example of prescriptive analytics?
A) real time reports of the shipment's temperature B) warning of an open shipment seal C) location of the shipment D) optimal temperature setting
Rafa works in the human resources department at Golden Arrow Publishers, and in the evenings she is working towards a business degree at the local community college. In one of her classes, Organizational Psychology, the most recent lecture dealt with path-goal theory. The following week, for an assignment, Rafa asks her co-workers questions about what makes a person successful in business. Based on the responses of her co-workers and what you know about leadership styles, which of Rafa's co-workers would benefit most from a participative leadership style?
A. Ivy, who believes that success is a combination of luck, talent, persistence, and hard work B. Angel, who credits his own hard work for his successes but blames his failures on others C. Herschel, who believes that some people are naturally more talented at business than others D. Zinnia, who believes most successful people come from supportive family backgrounds E. Teri, who prides herself on her ability to adapt to and learn from difficult situations