Changing behavior, informing employees about consequences for unmet expectations, and maintaining authority are all ______.
a. steps in the discipline model
b. objectives of discipline
c. part of management counseling
d. progressive disciplinary steps
b. objectives of discipline
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Accrued wages is not a current liability
a. True b. False Indicate whether the statement is true or false
On November 12, Higgins, Inc., a U.S. Company, sold merchandise on credit to Kagome of Japan at a price of 1,500,000 yen. The exchange rate was $0.00837 per yen on the date of sale. On December 31, when Higgins prepared its financial statements, the exchange rate was $0.00843. Kagome paid in full on January 12, when the exchange rate was $0.00861. On December 31, Higgins should prepare the following journal entry:
A. No journal entry is required until the amount is collected. B. Debit Accounts Receivable-Kagome $90; credit Foreign Exchange Gain $90. C. Debit Foreign Exchange Loss $90; credit Sales $90. D. Debit Sales $90; credit Foreign Exchange Gain $90. E. Debit Foreign Exchange Loss $90; Accounts Receivable-Kagome $90.
Continuous improvement reflects the philosophy that companies strive to create an environment that will enable workers to manufacture perfect (zero-defect) products
Indicate whether the statement is true or false
Failure to exercise the degree of care required by law to protect others from harm is called
A) premeditated liability. B) vicarious liability. C) punitive damages. D) negligence.