When a presiding officer accepts a fact as true, without supporting evidence, because

that fact is commonly known to be true by average persons and experts in the field, this is
called:

a. organizational notice
b. judicial notice
c. official notice
d. executive notice


c

Business

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Organizational leaders who change their leadership styles based on the particular circumstances of a situation are practicing ______ leadership.

A. autocratic B. trait theory C. decision-making D. contingency theory

Business

Both indirect materials and indirect labor are overhead costs

Indicate whether the statement is true or false

Business

Revenue expenditures, also called income statement expenditures, are additional costs of plant assets that do not materially increase the assets' life or productive capabilities.

Answer the following statement true (T) or false (F)

Business

If any cash is left in the sinking fund after bonds are redeemed, the following journal entry is prepared:

a. debit Cash and credit Sinking Fund Earnings. b. debit Cash and credit Bond Sinking Fund. c. debit Cash and credit Bonds Payable. d. debit Cash and credit Interest Expense. e. debit Bond Sinking Fund and credit Sinking Fund Earnings.

Business