Which of the following leadership behaviors identified by the culturally endorsed implicit leadership theory is defined as--independent and individualistic leadership?
A. charismatic/value-based
B. participative
C. self-protective
D. autonomous
D. autonomous
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If the direct write-off method of accounting for uncollectible receivables is used, what general ledger account is debited to write off a customer's account as uncollectible?
A) Uncollectible Accounts Payable B) Accounts Receivable C) Allowance for Doubtful Accounts D) Bad Debt Expense
During a recessionary period, which of the following economic behavior would be expected?
A. Consumers would use the majority of their discretionary income on groceries. B. Consumer spending would decrease. C. Consumer use of credit would increase. D. Taxes would increase nationally. E. Property values would jump dramatically.
Which of the following statements about professionalism in the workplace is most accurate?
A) Unprofessional behavior affects only the individual who displays it. B) More organizations are establishing procedures or policies to encourage professionalism. C) Employees need to exhibit professional behavior only when working at their desks. D) You exhibit professional behavior only through nonverbal actions such as dressing appropriately or maintaining eye contact with others.
Ryan, a minor, contracted to sell his auto to Ed, a 28-year-old. Ryan later refused to complete the sale. If Ed sues to enforce the contract, Ed will:
a. win because Ryan was the seller. b. win because minors can only avoid contracts for the sale of land. c. lose, as the contract is void. d. lose, because the contract is voidable by Ryan.