A change that represents the introduction of a new practice to an organization but that is not new to the industry is called a(n)
A. mimicry change.
B. adaptive change.
C. reactive change.
D. innovative change.
E. radically innovative change.
D. innovative change.
Innovative change is the introduction of a practice that is new to the organization.
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The authority of the government to take away private property for the public good or for public use is called
A. condemnation. B. easement. C. eminent domain. D. police powers.
During a sales presentation, it can be most effective when asking for an order to:
A. prevent the prospect from asking questions. B. re-address the prospect's negative comments. C. discuss financing challenges. D. outline the expected delivery schedule. E. mention the prospect's positive comments.
How does the owner withdrawing cash from the business affect the accounting equation?
A) assets decrease; owner's equity decreases B) assets decrease; owner's equity increases C) assets increase; liabilities decrease D) no effect on the assets, liabilities, or owner's equity
Middleton Corporation reported utilities expense of $18,200 on its income statement for Year 1. For the year, the beginning balance in Utilities Payable was $2,500 and the ending balance was $1,500. The amount of cash that Mayes paid for utilities in Year 1 was $19,200.
Answer the following statement true (T) or false (F)