The covariance correlation is the most widely used statistic that summarizes the strength and direction of association between two metric variables

Indicate whether the statement is true or false


FALSE

Business

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The steps in the closing entries for a sole proprietorship and for a partnership are identical for all of the following except

a. close all revenues to Income Summary; b. close all expenses to Income Summary; c. close Income Summary and Drawing to the owner's capital account; d. all of the steps are the same; e. none of the steps are the same

Business

Unwanted email is:

A) called UWM and was used by some online survey research companies a few years ago B) called SPAM and was never used by online survey research companies because it is unethical C) called SPAM and was used by some online survey research companies a few years ago D) called UWM and was never used by online survey research companies because it is illegal E) may now be avoided by the "Do Not Call" legislation

Business

Answer the following statement(s) true (T) or false (F)

1. Douglas McGregor developed Theory X, Theory Y, and Theory Z. 2. Lifetime employment and consensus decision making are characteristics of Theory Z. 3. Theory Z places a special emphasis on participate management. 4. According to Herzberg’s Two-Factor Model of Motivation, salary and achievement are motivators. 5. Hygiene factors are essential to job satisfaction but cannot motivate an employee.

Business

Which of the following approaches to conflict does Hope use?

Scenario: Three coworkers are heatedly discussing what to order for their department lunch that day. Spencer wants to have Italian food, while Hope wants Mexican food. Emile says that he wants to eat something healthful, such as food from a salad bar. Hope finally says it does not matter and walks away frustrated with the situation. Spencer suggests to Emile that there is an Italian fast food restaurant that has salad on the menu, so they both could get some of what they want. Emile, concerned for Hope's feelings, says that they should get Mexican food. A) avoidance B) collaboration C) accommodation D) compromise E) competition

Business