Which of the following is not a benefit of horizontal structures?
A. encourage knowledge sharing
B. greater opportunities for functional specialization
C. greater creativity
D. rapid communication and reduction of cycle time
E. faster and more efficient new product development
Answer: B
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______ depend more on explicit messages conveyed through the spoken or written word.
A. High-context cultures B. Euphemism cultures C. Low-context cultures D. Social context cultures
Which of the following statements is true about the values recorded in the balance sheet of a firm?
A. The book value of a firm's assets will be equal to the market value of the firm's assets. B. The equity section of a firm's balance sheet represents the difference between the market value of the firm's assets and the book value of the firm's liabilities. C. The equity section of a firm's balance sheet represents the difference between the market value of the firm's assets and the market value of the firm's liabilities. D. The book value of a firm's assets will be higher than the market value of the firm's assets. E. The book value of a firm's debt generally is equal to or very close to the market value of the firm's liabilities.
Corrections Services sells service plans for commercial computer maintenance
The price for each plan is $1,350 per year, paid in advance. On October 1, 2016, a service plan was sold to a new customer for cash, and the plan covers the period October 1, 2016 to September 30, 2017. Adjusting entries are made on December 31 of each year. Prepare the journal entry for September 30, 2017. What will be an ideal response
Tom's Timber Outlet and Olivia, a consumer, enter into a contract for a sale of plywood. If the contract includes a clause that is perceived as grossly unfair to Olivia, its enforcement may be challenged under
A. the mirror image rule. B. the principle of fair trade. C. the predominant-factor test. D. the doctrine of unconscionability.