Many individuals, when persuaded by a trusted friend to participate in fraud, will rationalize the actions as being justifiable. Which type of power is being employed in such situations?
a. Referent power
b. Legitimate power
c. Coercive power
d. Reward power
a
FEEDBACK: a. Correct.
b. Incorrect.
c. Incorrect.
d. Incorrect.
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With a special order decision, relevant qualitative factors include all except
A) the impact of the special order on regular customers. B) the potential of the special order to lead into new sales areas. C) the customer's ability to maintain an ongoing relationship. D) the special order's impact on operating income.
The criterion of realism is also called the Laplace criterion
Indicate whether the statement is true or false
A lien is a charge or interest in property to secure payment of an obligation and must be satisfied before the property is available to satisfy the claims of unsecured creditors
Indicate whether the statement is true or false
Which one of the following best characterizes a marketing information system (MIS)?
A. An MIS is an orderly gathering of information that is not supplied through routine reporting systems such as sales reports and accounting data. B. An MIS provides a continuous flow of information about such things as distribution costs, prices, sales, and advertising expenses. C. An MIS is conducted on a special-project basis when needed. D. An MIS requires adjustments to its techniques to adapt to environmental circumstances and is in reality part of the accounting system. E. An MIS involves internal information collection about employees and customers.