When servant leadership is practiced, organizational performance is positively affected because ______.
A. followers become aware of their full potential
B. leaders create more opportunities for subordinates
C. subordinates go beyond the basic requirements of their job duties
D. leader–follower communication is mutually respected and enhanced
C. subordinates go beyond the basic requirements of their job duties
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The data presented below is for Falconi, Inc for 2016. Credit sales during the year $2,100,000 Accounts receivable—December 31, 2016 295,000 Allowance for doubtful accounts—December 31, 2016 28,000 Bad debt expense for the year 17,000 What is the effect on liquidity when Falconi records its estimate for bad debt expense using the allowance method?
a. Liquidity decreases b. Liquidity increases c. Liquidity stays the same d. Liquidity both increases and decreases
Every contingent liability must be recorded.
Answer the following statement true (T) or false (F)
Whitney earns about $100,000 a year. She and her employer both pay 6.2 percent of Whitney’s pay into __________ by withholding the money from Whitney’s pay check.
A. Social Security B. Medicare C. unemployment insurance D. retirement E. exit pay
A regular order is characterized by _____
a. the use of opportunistic buying by a discounter b. a high degree of negotiation on an ongoing basis c. a high level of opportunistic buying d. a uniform contract with standardized terms