The four levels of managers found in large organizations are
A. marketing, accounting, human resource, and finance.
B. planning, coordinating, controlling, and executing.
C. international, national, regional, and local.
D. technical, functional, departmental, and organizational.
E. top-level, middle-level, frontline, and team leader.
Answer: E
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On November 1, 2014, Chancellor Co borrowed $80,000 from State Bank and signed a 12%, six-month note payable, all due at maturity. The interest on this loan is stated separately. At December 31, 2014, the adjusting entry for this note includes a:
a. Debit to Interest Expense for $3,200. b. Credit to Notes Payable for $1,600. c. Credit to Cash for $4,800. d. Credit to Interest Payable for $1,600.
Possession is available as a means of perfecting a security interest in ________
a. letter-of-credit rights b. commercial tort claims c. instruments d. accounts
Which of the following is not a major feature of organizations that impacts the use of information systems?
A) business processes B) environments C) goals D) agency costs E) leadership styles
Shane wants to delegate a task to one of his followers. What guidelines should he follow?
a. Delegate the task and leave the employee alone to finish it. b. Monitor to make sure he can pull back if employee makes a mistake. c. Clarify the goals and expectation, and monitor the employee. d. Delegate the task, but make sure he keeps the authority to do it.