What is monochronic time orientation? Give an example of a way monochronic time orientation is used in U.S. university classrooms.
What will be an ideal response?
A monochromic time orientation refers to the idea that being on time is important. A person with this type of time orientation likely maintains a schedule of events or to-do lists to manage his or her time. An example of monochromic time orientation in a U.S. classroom could include the attendance policy on a syllabus, late policy, and assignment due date policies. It could also include the tight control on 50-minute and 75-minute class times. When “time’s up,” students leave the classroom even if the professor isn’t done teaching.
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When analyzing the "S" in a SWOT analysis, a manager might take note of
A. a decrease in the size of the market. B. competitors' new products. C. high turnover of employees. D. strong financial resources of the firm. E. lifting of governmental regulations.
Marcoff Corporation acquires 30% of the outstanding voting common shares of the Invicta Corporation for $600,000 . Marcoff Corporation acquires the investment in Invicta Corporation by buying previously issued shares of Invicta Corporation from other investors. If Invicta Corporation declares and pays a dividend of $30,000 to holders of its common stock, Marcoff Corporation records the following
journal entry: a. Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,000 Investment in Stock of Invicta Corporation . . . . . . . . . . . . . . . . . . 9,000 b. Investment in Stock of Invicta Corporation . . . . . . . . . . . . . . . 9,000 Equity in Earnings of Affiliate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,000 c. Equity in Earnings of Affiliate . . . . . . . . . . . . . . . . . . . . . . . . . . 9,000 Investment in Stock of Invicta Corporation . . . . . . . . . . . . . . . . . 9,000 d. Investment in Stock of Invicta Corporation . . . . . . . . . . . . . . . 9,000 Investment Revenue. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,000 e. Investment in Stock of Invicta Corporation . . . . . . . . . . . . . . . 9,000 Investment Revenue. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,000
All of the following statements regarding accounting for stock investments with insignificant influence under U.S. GAAP are true except:
A. The investment account equals the acquisition cost plus the share of investee income plus the share of investee dividends. B. Stock investments with insignificant influence are reported at fair value. C. When an investor owns less than 20% of voting stock, the investor is presumed to have insignificant influence. D. Any unrealized gain (or loss) from a change in the fair value of stock investments is reported on the income statement. E. Stock investments with insignificant influence are classified as either short or long term based on managers' intent and the stock's marketability.
The subtraction of an n × m matrix from an n × m matrix yields an n × m matrix
Indicate whether the statement is true or false