Which of the following types of organizational cultures is most likely egalitarian and project-oriented?
A. The incubator culture
B. The Eiffel Tower culture
C. The guided missile culture
D. The family culture
Answer: C
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The sales manager who treats each member of the sales force as an individual is displaying the dimension of leadership described as "consideration."
Indicate whether the statement is true or false
A standard family trust is all of the following except
A) it is established for children in a family. B) it is created by wills. C) it is used to minimize taxes. D) it is a living trust.
Nash Company acquired Seel Corporation through an exchange of common shares. All of Seel's assets and liabilities were immediately transferred to Nash. Nash's common stock was trading at $25 per share at the time of the exchange. The total par value of Nash's stock outstanding before and after the acquisition was $750,000 and $840,000, respectively. Nash's additional paid-in capital before and after the acquisition were $200,000 and $560,000, respectively.Based on the preceding information, what is the par value of Nash's common stock?
A. $18 B. $5 C. $6 D. $1
Marshall Enterprises charged the following amounts of overhead to jobs during the year: $20,000 to jobs still in process, $60,000 to jobs completed but not sold, and $120,000 to jobs finished and sold. At year-end, Marshall Enterprise's Factory Overhead account has a credit balance of $5,000, which is not a material amount. What entry should Marshall make at year- end?
A) No entry is needed. B) Debit Factory Overhead $5,000; credit Cost of Goods Sold $5,000. C) Debit Cost of Goods Sold $5,000; credit Factory Overhead $5,000. D) Debit Factory Overhead $5,000; credit Work in Process Inventory $5,000. E) Debit Factory Overhead $5,000; credit Finished Goods Inventory $5,000.