Which theory of motivation stresses notions of distributive justice and procedural justice?
a. Achievement-motivation theory
b. Hierarchy of needs theory
c. Equity theory
d. Two-factor theory
c. Equity theory
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In the context of operational plans, which among the following is the most specific type of standing plans?
a. Policies b. Procedures c. Single-use plans d. Rules and regulations
On March 1, 2018, Barker Services issued a 5% long-term notes payable for $21,000. It is payable over a 3-year term in $7000 annual principal payments on March 1 of each year plus interest, beginning March 1, 2019. How will the notes payable be shown on the balance sheet dated December 31, 2018?
A) $21,000 shown as current liability only B) $7000 shown as current liability and $21,000 shown as long-term liability C) $7000 shown as current liability and $14,000 shown as long-term liability D) the entire $21,000 shown as long-term liability
Tom breached a sales contract to purchase goods from Jim. In addition to other remedies available, Jim may be able to recover commercially reasonable expenses incurred as a result of the breach. These expenses are:
a. incidental damages. b. punitive damages. c. liquidated damages. d. extraordinary damages.
Musicians & Performers Union represents the employees of Poignant Legerdemain, Inc. During negotiations over conditions of employment, each side rejects the other's proposal without offering a counterproposal. This indicates
A. bad faith. B. good faith. C. each party's attempt to obtain concessions on other subjects. D. reasonable efforts to come to an agreement.