Which organizational model places the board at the top of the hierarchy and the chief executive officer as an agent?
A. social-constructionist
B. purposive-rational
C. board-centered leadership
D. the policy governance
B. purposive-rational
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To validate the study, the supervisors call 25 to 30 percent of the respondents to inquire whether the field workers actually conducted the interviews
Indicate whether the statement is true or false
Jack, an employee of Desert Sky, Inc., has gross salary for May of $9000. The entire amount is under the OASDI limit of $118,500 and thus subject to FICA. He is also subject to federal income tax at a rate of 21%. Which of the following is a part of the journal entry for accrual of the employer payroll taxes? (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%.) Jack's income to date exceeds the FUTA and SUTA tax income limits.
A) credit to Salaries Payable for $9000 B) debit to Cash for $6601.50 C) debit to Employee Income Taxes payable of $1890.00 D) credit to FICA-Medicare Taxes Payable of $130.50
Milt Alden says that his line workers "know each product like the back of their hands," and that this knowledge helps the company keep its prices low. This indicates that Alden Manufacturing most likely benefits from the ________
A) cost-plus pricing B) value-added pricing C) experience curve D) inelastic demand in the market E) derived demand in the market
Dallas Corporation, not a dealer in securities, realizes taxable income of $60,000 from the operation of its business. Additionally, in the same year, Dallas realizes a long-term capital loss of $10,000 from the sale of marketable securities. If the corporation realizes no other capital gains or losses, what is the proper treatment for the $10,000 long-term capital loss on the tax return?
A. Use $10,000 of the long-term capital loss to reduce taxable income. B. Carry the $10,000 long-term capital loss back three years as a short-term capital loss, then forward five years. C. Use $6,000 of the loss to reduce taxable income and carry $4,000 of the long-term capital loss forward for five years. D. Use $3,000 of the loss to reduce taxable income and carry $7,000 of the long-term capital loss forward for five years.