An organizational chart should be structured _____________________
a. chronologically
b. horizontally
c. from the top down
d. from right to left
c
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A corporation should account for the declaration of a 10 percent stock dividend by
a. transferring from retained earnings to contributed capital an amount equal to the legal capital represented by the dividend shares. b. transferring from retained earnings to contributed capital an amount equal to the market value of the dividend shares. c. transferring from retained earnings to contributed capital whatever amount the board of directors deems appropriate. d. making only a memorandum entry in the general journal.
A project process is best when ______.
a. there is low demand for a product b. there is low investment of resources c. no government regulations are applicable d. labor is not required, and the project is completely automated
During the Manage Communications process, project managers must continuously monitor relationships, communications, and lessons learned in order to manage stakeholder expectations.
Indicate whether the statement is true or false
You are considering the purchase of a common stock that just paid a dividend of $2.00 . You expect this stock to have a growth rate of 30 percent for the next 3 years, then to have a long-run normal growth rate of 10 percent thereafter. If you require a 15 percent rate of return, how much should you be willing to pay for this stock?
a. $71.26 b. $97.50 c. $82.46 d. $79.15 e. $62.68