Answer the following statements true (T) or false (F)
1. The United Way Payable account would normally be shown on the balance sheet under current liabilities.
2. FICA—OASDI Taxes Payable would normally be shown on the balance sheet under long-term liabilities.
3. Federal Unemployment Taxes Payable is typically shown on the balance sheet under the long-term liabilities section.
4. The Current Portion of Long-Term Notes Payable would normally be shown on the balance sheet under current liabilities.
5. The Employee Bonus Payable would normally be shown on the balance sheet under long-term liabilities.
1. TRUE
2. FALSE
3. FALSE
4. TRUE
5. FALSE
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Which of the following are generally supplementary information required by GAAP concerning the accounting treatments used by a company?
a. A Year-End Worksheet b. Management's Discussion and Analysis c. The Report of Independent Accountants d. Notes to the Consolidated Financial Statements
Describe psychologist Bruce Tuckman’s five stages of group development by explaining each.
What will be an ideal response?
Answer the following statements true (T) or false (F)
1.People are not likely to be creative when they love what they do as it removes the motivation to do anything else. 2.Weak relationships may foster creativity up to a point, beyond which the number of ties may even constrain creativity at work. 3.Creativity is based on the ability to think of more than one place or on more than one level at a time. 4.Taken together, job design, supervision, organizational climate, and the allocation of adequate time, and resources can have a potent and synergistic effect on individual and organizational creativity.
According to Weick, what characterizes just-in-time strategies?
a. Less investment in front-end loading b. More investment in general knowledge c. Sophistication in cutting losses d. All of the above