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

1. Meetings should occur in the meeting leader’s office.
2. When the size of the meeting becomes larger than 10 members, a V-shaped seating
arrangement is preferred.
3. Social network analysis (SNA) is a tool that managers use to evaluate project team
members’ proposed solutions to a problem.
4. Studies have shown that brainstorming increases the production of new ideas.


1. FALSE
2. FALSE
3. FALSE
4. TRUE

Business

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Which of the following control plans is an account used solely for payroll purposes and funds are transferred into the account to cover payroll checks to be issued?

a. approve attendance time data and job time data b. use payroll clearing account c. independent paycheck distribution d. imprest payroll bank account

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Modern businesses rely heavily on the use of the telephone to conduct day-to-day operations and communicate with internal and external customers.

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

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According to the pie-chart figure in the text, what industry type accounted for the highest percentage of franchises?

a. Business services b. Lodging c. Personal services d. Real estate

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Andrew and Jennifer are in the 25% marginal tax bracket. Three years ago they purchased 100 shares of stock at $20 a share. In 2015, they sold the 100 shares for $29 a share

What is the amount of federal income tax they owe as a result of this sale? A) $135 B) $165 C) $225 D) $435

Business