Apparent authority has the same effect as:
A) undisclosed authority

B) actual authority.
C) partially disclosed authority.
D) imputation authority


B

Business

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When shared values and beliefs govern how people interact socially, it is known as ______.

A. market control B. clan control C. performance ambiguity D. bureaucratic control

Business

The expense recognition principle permits the use of the direct write-off method of accounting for uncollectible accounts when bad debts are very large in relation to a company's other financial statement items such as sales and net income.

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

Business

Suppose that Cathy's assets include an automobile worth $10,000 and a checking account with a $5,000 balance, while her liabilities include a student loan balance of $2,000 and a car loan balance of $8,000. What is her net worth?

A) $10,000 B) $8,000 C) $5,000 D) $2,000

Business

Which of the following is considered an enhancer for leadership?

A. Increased group status B. Employee indifference toward rewards C. Staff available for problems D. Peer appraisal/feedback

Business