Which of the following regarding accrual versus cash-basis accounting is true?
a. The FASB believes that the cash basis is appropriate for some smaller companies, especially those in the service industry.
b. The cash basis is less useful in predicting the timing and amounts of future cash flows of an enterprise.
c. Application of the cash basis results in an income statement reporting only revenues.
d. The cash basis requires a complete set of double-entry records.
B
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Market research can be a useful tool helping senior managers identify and deal with the real issue.
Answer the following statement true (T) or false (F)
One Friday, Alexander left work 2 hours early and went to happy hour with friends. He did not tell anyone he was leaving and did not complete his work for the week. On Monday, Alexander was called into his boss’ office and given a reprimand. He will now have to check in with the boss when he arrives and when he leaves. What Alexander experienced is _________.
A. positive reinforcement B. punishment C. extinction D. negative reinforcement E. alternative reinforcement
A "customer centered" approach to handling the media by a public relations manager means that the PR person
a. must persuade journalists that it is in their interest to run a particular story b. determines the needs and wants of the journalist and modifies the story to meet those needs c. must combat journalists rejecting a story because they just don't understand the value d. go over the head of the journalists to the editor to convince the media outlet to run the story e. tell the journalists that he or she has many years of experience and that should be good enough to know whether the story is newsworthy or not
Research by scholars at the Center for Creative Leadership suggests that, in comparison to domestic leaders, global leaders are
A. less decisive. B. more prone to monitoring. C. more flexible. D. more challenged in their ability to learn. E. less emotionally stable.