Dominic feels that an incredible string of bad luck has affected his personal life. He also feels that his boss is subjecting him to unfair treatment at work for no fault of his. Dominic's perceptions suggest that he has an internal locus of control.
Answer the following statement true (T) or false (F)
False
In this scenario, Dominic's perceptions suggest that he has an external locus of control. People with an external locus of control rely less on their own efforts, feeling buffeted by forces such as random luck and the actions of others, which they believe will ultimately control their fate. See 7-2: The Entrepreneur: A Distinctive Profile
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Feathertouch Company sold merchandize worth $800 on credit, terms n/15 . The merchandize sold had cost $550 . What is the required journal entry to record the transaction and to transfer the cost of merchandize inventory to cost of goods sold under the periodic inventory system?
a. Accounts Receivables 800 Sales 800 No entry for transfer to cost of goods sold. b. Sales 800 Accounts Receivables 800 Merchandize Inventory 550 Cost of Goods Sold 550 c. Accounts Receivables 800 Merchandize Inventory 800 Cost of Goods Sold 250 Merchandize Inventory 250 d. Merchandize Inventory 800 Sales 800 Cost of Goods Sold 550 Merchandize Inventory 550
What lesson is the text trying to impart by relating the whistleblowing stories of Cynthia Cooper and Tony Menendez?
a. Financial rewards for the whistleblower, though long in coming, typically compensate for any hardship suffered. b. Even ultimate victory for the whistleblower can be preceded by many years of hardship and pain. c. It is very rare for a whistleblowing case to end in a favorable outcome for the whistleblower. d. Some whistleblowers can win major cases without securing legal services.
Answer the following statements true (T) or false (F)
All influence that an individual experiences comes from influential external leaders.
Why is goodwill important in business?
What will be an ideal response?