To get work done, negative leaders hold over their personnel such penalties as loss of job, reprimand in the presence of others, and a few days off without pay.

Answer the following statement true (T) or false (F)


True

Business

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A company reports ending accounts payable of $1,440 and cost of goods sold of $11,680. Compute days' payable outstanding.

A. 41 days B. 36 days C. 35 days D. 39 days E. 45 days

Business

Failure to record amounts earned for services provided to customers but cash not yet received results in which of the following?

A) Net income being overstated B) No effect on total assets C) Stockholders' equity being overstated D) Total assets being understated

Business

Even if the language is common to both cultures, one culture may restrict the meaning of certain words

Indicate whether the statement is true or false.

Business

Which one of the following methods considers the time value of money in evaluating alternative capital expenditures?

A. Accounting rate of return. B. Return on average investment. C. Cash flow method. D. Payback period. E. Net present value.

Business