Mike is putting forth an extreme effort to accomplish a goal. Based upon this statement we can say Mike has ________.
A. high goal-esteem
B. high goal drive
C. high goal intensity
D. high goal commitment
Answer: D
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Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $68,000 and $3450, respectively. During Year 2, Allegheny wrote off $6300 of Uncollectible Accounts. Using the percent of receivables method, Allegheny estimates that the ending Allowance for Doubtful Accounts balance should be $5400. What amount will Allegheny report as Uncollectible Accounts Expense on its Year 2 income statement?
A. $1950 B. $5400 C. $6300 D. $8250
Dividends paid appears on both the income statement and the statement of retained earnings
a. True b. False Indicate whether the statement is true or false
The auditor is responsible for evaluating the likelihood of a client continuing as a going concern for a reasonable period of time. What is considered to be a reasonable time period?
a. One year from the audit report date. b. One year from the last day of field work. c. One year from the balance sheet date. d. Two years from the balance sheet date.
The supervisor who holds monthly sales force meetings to explain specific goals for the future and changes in policy and procedure is exhibiting:
A) consideration B) structure C) performance analysis D) recognition E) strategy