The ________ stage is often characterized by a climate of open communication, strong cooperation, and lots of helping behavior. Cohesiveness and personal commitment to group goals help the group achieve more than could any one individual acting alone

A. conforming
B. performing
C. norming
D. storming
E. forming


Answer: B

Business

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MasterCard and Visa may team up with university alumni associations to offer affinity credit cards that typically display an iconic image associated with the university on the card itself and may include an incremental donation program associated

with purchases made using the card. The best description of this form of alliance would be a ________. A) product alliance B) logistics alliance C) pricing collaboration D) network alliance E) promotional alliance

Business

If merchandise inventory is being valued at cost and the purchase price is steadily falling, which method of costing will yield the largest net income?

A) average cost B) LIFO C) FIFO D) weighted average

Business

Hesson Properties, Inc Transactions for Hesson Properties are provided below. Nov. 1 Hesson purchases two new maintenance carts on credit at $375 each. The carts are added to Hesson's property, plant, and equipment records. Payment is due in 30 days. Nov. 8 Hesson accepts $75 of advance payments from customers for services to be provided in December. Nov. 15 Hesson receives the utility bill for

$150. Payment is due in 30 days. Nov. 20 Customers are billed $750 by Hesson for property services. Payment is due from the customers in 30 days. Nov. 30 Hesson received $500 from customers who were billed on November 20th. Refer to the transactions that occurred at Hesson Properties. Based on these transactions, how much is still owed to Hesson from its customers at the end of November? A) -0- B) $250 C) $500 D) $700

Business

Alex Anastopolous bought a plot of land from the Crown and built a barn on it. Tired of farming, he rented the land to MattiOonapuu. What is the legal name for the type of ownership Alex has?

A) fee simple B) a life estate C) tenancy in common D) an intangible estate E) a leasehold

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