Which of the following statements regarding the structure of organizations is false?
A) When decision-making authority is spread among too many managers, managers may become so concerned with their own area of responsibility that they lose sight of the company's overall focus.
B) In a decentralized organization, decision-making authority is confined to top-level management.
C) In a decentralized organization, there may be a lack of coordination and communication between segments.
D) Decentralization may make it difficult for managers to share unique and innovative ideas.
B
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Which of the following should be added to net income in calculating net cash flow from operating activities usingthe indirect method?
a. depreciation expense b. an increase in inventory c. a gain on the sale of equipment d. dividends declared and paid
Freewalt Co purchased investments for $160,000 cash. The journal entry to record this transaction that correctly shows the outflow of cash is:
A) Investments 160,000 Cash 160,000 B) Cash 160,000 Investments 160,000 C) Investments 160,000 Purchases 160,000 D) Purchases 160,000 Investments 160,000
Indicate the group of words or sentence with correct capitalization. Which is correct?
A) Mrs. Walker said i could leave early today. B) Mrs. Walker said I could leave early today.
Tasha was selling siding and her boss told her that she could hide an extra charge for trim in the total, even though the customer was told he would not be charged for trim. Tasha was told this was standard practice for the siding company. If the customer takes legal action for this, who is most likely liable?
A. Tasha only, because she wrote the order B. no one, because this would be considered a victimless crime C. Tasha's boss only, since he told her to do it D. the customer for not checking the order more carefully E. both Tasha and the siding company, because both intentionally misled the customer