Identify a true statement about social loafing.
A. It occurs when team members cooperate each other by suppressing their thoughts and feelings.
B. It helps preserve potentially valuable resources of the group.
C. It can create a drag on the group's efforts and achievements.
D. It enhances job satisfaction among members.
Answer: C
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Quan uses a periodic inventory system. At the end of April, Quan had 20 units on hand. April 1 On hand, 10 units @ $2 each $ 20 19 Purchased 90 units @ $3 each 270 Goods available for sale $290 If Quan, Inc uses the weighted average cost inventory method, how much is cost of goods sold for April?
a. $240 b. $250 c. $230 d. $232
Among the countries noted in the textbook that value such masculine traits as ambition, achievement, and the acquisition of money is which of the following?
A. Japan B. Ecuador C. Iceland D. India
The probability distribution for the daily sales at Michael's Co. is given below. Daily Sales(In $1,000s) Probability 40 0.1 50 0.4 60 0.3 70 0.2 ? The probability of having sales of at least $50,000 is
A. 0.5 B. 0.10. C. 0.30. D. 0.90.
Which of the following is/are not true?
a. Firms sometimes issue bonds with stock warrants attached and allocate the amount received between the bonds and the warrants based on their respective fair values. b. When firms issue convertible bonds U.S. GAAP requires firms to allocate the full issue price between the bonds and the conversion feature. c. IFRS requires firms to allocate the issue price between the bonds and the conversion feature. d. Under IFRS, the firm allocates the issue price of bonds with terms similar to those issued but without the conversion feature to the bonds and the remainder of the issue price to the conversion option. e. all of the above