________ refers to the activities involved in selling products or services directly to final consumers for their personal, nonbusiness use
A) Sole sourcing
B) Retailing
C) Manufacturing
D) Procurement
E) Warehousing
B
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A company receives $180 for a sale, of which $10 is for sales tax. The journal entry to record the sale is:
a. Sales Tax expense 10 Cash 170 Sales 180 b. Cash 170 Sales 170 c. Cash 180 Sales 180 d. Cash 180 Sales Tax Payable 10 Sales 170
Hae-Won, a middle manager at a sales company, wrote a dishonest internal report to make her team seem more productive than it was. Based on general trends, what is the most likely reason she wrote this report?
a. to avoid being fired b. the need to get new clients c. personal gain d. pressure from a superior
Which of the following scenarios gives rise to conflicts of interests in corporate governance?
A. Senior executives determining the compensation received by board members B. Board members hand-selecting employees in their company C. The absence of cross-fertilization of boards D. A CEO not chairing the board of directors
Quinn has a high need for affiliation, as that need is described by acquired needs theory. Which of the following actions by her boss is most likely to motivate Quinn?
a. promote her to manager over her co-workers b. challenge her to bring in five new clients by the end of the week c. request that she help mentor the new employees that were just hired d. give her a project that will require her to work off-site for 1 month