Answer the following statement(s) true (T) or false (F)
1. As stated in the textbook, recent psychological research has suggested that coercive power is a myth, and that true power lies in social intelligence.
2. According to the textbook, the true power of a manager is related to his/her emotional intelligence.
3. If a manager fires an employee for violating the organizations policies, than the manager utilized organizational coercive power.
4. Upward appeals of tactics for influencing others, come from higher management while personal appeals come from friendship.
1. TRUE
2. FALSE
3. TRUE
4. TRUE
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Typically the classification known as readily available refers to investments that are converted into cash in _______________ months or less
Fill in the blank(s) with correct word
Which account bypasses the Income Summary account in the closing process?
a. Revenue from Services b. Depreciation Expense–Building c. Dividends d. Wages Expense
Makerspaces is a community center that provides technology, manufacturing equipment, and educational opportunities to the public that would otherwise be inaccessible or unaffordable.
Answer the following statement true (T) or false (F)
On January 1, Year 1, Ballard company purchased a machine for $48,000. On January 1, Year 2, the company spent $17,000 to improve its quality. The machine had a $10,800 salvage value and a 6-year life, which are unchanged. Ballard uses the straight-line method. What is the book value of the machine on December 31, Year 4?
A. $30,000 B. $9600 C. $18,600 D. $19,200