The sales manager who appraises the performance of sales personnel regularly is displaying the leadership quality known as "consideration."

Indicate whether the statement is true or false


FALSE

Business

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To illustrate how your department's budget will be distributed by percentage and type of expense, you should use

A) an organizational chart. B) a table. C) a pie chart. D) a line chart. E) a flow chart.

Business

The Factory Overhead account will have a debit balance at the end of a period if overhead applied during the period is greater than the overhead incurred.

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

Business

Who receives the trust res on the termination of a trust?

A) the heir B) the trustor C) the remainder beneficiary D) the income beneficiary

Business

On January 1, Year 1, Wayne Company issued bonds with a face value of $1,080,000, a 11% stated rate of interest, and a 10-year term. Interest is payable in cash on December 31 of each year. Wayne uses the straight-line method to amortize bond discounts and premiums.Assuming Wayne issued the bond for 104, what is the amount of interest expense that will be reported on the income statement for the year ending December 31, Year 1?

A. $43,200 B. $118,800 C. $123,120 D. $114,480

Business