If Rudy offers Oscar $200 for his laptop valued at $600 and Oscar agrees, a court will probably
A) set aside the agreement as being unfair
B) set aside the agreement because the consideration is inadequate.
C) not set aside the agreement based on the adequacy of the consideration.
D) not set aside the agreement because of the UCC.
C
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End-of-period activities do not include
a. preparing a trial balance; b. journalizing transactions; c. preparing financial statements; d. determining net income; e. making closing entries
If the indirect method is used, which of the following is a proper adjustment to net income to arrive at net cash flows from operating activities?
A) deducting a decrease in Prepaid Expenses. B) deducting an increase in Salaries Payable. C) adding an increase in Accounts Receivable. D) adding a decrease in Inventory.
Weick and Westley (1999) identify three metaphors through which organizational learning can be fostered. One of those is ________, which involves changing things by encouraging people to play around with everyday patterns and to change them slightly. It is not a one-person show but rather a team event that relies upon the instant response, feelings, and feedback of others.
a. Disorganization b. Improvisation c. Humor d. Small wins
At GG’s Gourmet, employees of lower levels are given the power to make decisions and solve problems without having to seek approval from management. This is an example of what type of organizational structure?
a. Decentralized b. Centralized c. Customer-focused d. Leader-focused