Which channel communicates self-fulfilling prophecies through giving high performers more opportunity to speak, to offer their opinions and to disagree?
A. feedback
B. output
C. input
D. climate
B. output
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For the following situation, state whether it represents a strength or weakness in internal control and give the reason for your answer. The mailroom employee opens all incoming mail. Customers' checks are sent to the treasurer, and remittance advices are sent to the accounting department. The controller compares the daily bank deposit amount from the treasurer and the daily debit to cash from the accounting department.
What will be an ideal response?
The excess of revenue over variable costs, including manufacturing, selling and administrative costs, is called:
a. Gross margin. b. Manufacturing margin. c. Contribution margin. d. Segment margin.
A fur dealer probably would use which of the following inventory methods?
a. Specific identification b. FIFO c. Average-cost d. LIFO
Promulgated in 1976 and revised in 1985, the ________ Act is a uniform act that regulates the formation, operation, and termination of limited partnerships.
A. Reformed Uniform Limited Partnership B. Uniform Limited Partnership C. Revised Uniform Limited Partnership D. Model Limited Partnership