The times (in minutes) that several underwriters took to review applications for similar insurance coverage are 50, 230, 52, and 57. What is the median length of time required to review an application?
A. 141.0
B. 97.25
C. 54.5
D. 109.0
Answer: C
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Answer the following statements true (T) or false (F)
1.There is often more transformational leadership occurring in virtual teams (than in face-to-face teams). 2.Shared leadership will include informal leaders. 3.Virtual teams are especially prone to free-riding. 4.A team is always formed to be on-going. 5.In some virtual teams, face-to-face contact might be impossible.
When trying to change a problem culture, management should undertake such steps as
A. identifying facets of the present culture that are supportive of good strategy execution and which ones are not and then specifying what new actions, behaviors, and work practices are needed in the new culture to improve performance. B. selecting a team of key employees to lead the culture change effort and design a plan for cultural change. C. drawing up an action plan to change the present culture and then persuading company personnel why this plan of action is good and will be successful. D. conducting an employee survey to determine the organization's cultural norms and what company personnel like and dislike about the current culture. E. employing a consultant with expertise in culture change and following his or her advice on how to proceed.
Kristie is a 25% member in the KLM LLC. At the end of the year, KLM has accounts payable of $60,000 (recourse to the LLC but not guaranteed by the LLC members), and a nonrecourse debt related to real estate of $300,000 (meets the at risk limitation requirements). In addition, Kristie personally guaranteed a $50,000 liability for KLM’s equipment purchases. Which of the following indicates the information that should be reported on Kristie’s Schedule K-1 for the year?
A. $15,000 recourse debt, $75,000 qualified nonrecourse financing. B. $90,000 nonrecourse debt. C. $90,000 nonrecourse debt, $12,500 recourse financing. D. $65,000 recourse debt, $75,000 qualified nonrecourse financing. E. $50,000 recourse debt, $15,000 nonrecourse debt, $75,000 qualified nonrecourse financing.
Economists define a recession as two or more consecutive three-month periods of decline in a country's gross domestic product.
Answer the following statement true (T) or false (F)