Change leaders will be most effective if they have which of the following characteristics?
a. Distrust of organizational fads
b. See the world in linear terms
c. Low tolerance for ambiguity
d. Pessimism
a. Distrust of organizational fads
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Dividends are equivalent to withdrawals in a sole proprietorship or partnership
a. True b. False Indicate whether the statement is true or false
There are many alternative titles for the statement of stockholders' equity. The most frequently used alternative title is the statement of shareholders' equity
Indicate whether the statement is true or false
In deciding whether or not a segment of a business should be eliminated, attention should be on
a. sales minus total expenses of the segment. b. sales minus total variable expenses and avoidable fixed expenses of the segment. c. sales minus total direct expenses of the segment. d. the segment's net income.
Which of the following statements is true concerning hedge accounting?
A. Hedges of foreign currency firm commitments are used for future sales only. B. Hedges of foreign currency firm commitments are used for future purchases only. C. Hedges of foreign currency firm commitments are used for future sales or purchases. D. Hedges of foreign currency firm commitments are used for current sales or purchases. E. Hedges of foreign currency firm commitments are entered into for speculative purposes.