Which of the following is the factor that most reduces an organization's ability to learn from failure?
A. Employees that like to experiment with multiple solutions.
B. Employees with a strong desire to acquire personal wealth.
C. Employees that blame others for failure.
D. Employees that embrace a learning culture.
E. Employees with a high tolerance for ambiguity.
C. Employees that blame others for failure.
One factor that reduces an organization's ability to learn from failure is employees that blame failures on a person when the causes are internal processes, external events, or even themselves.
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When a company sells machinery at a price equal to its book value, this transaction would be recorded with anentry that would include the following:
a. debit Machinery; credit Cash and Accumulated Depreciation b. debit Cash and Machinery; credit Accumulated Depreciation c. debit Cash and Depreciation Expense; credit Accumulated Depreciation d. debit Cash and Accumulated Depreciation; credit Machinery
Installment accounts receivable covering periods longer than twelve months are classified as long-term assets
Indicate whether the statement is true or false
If cash was incorrectly debited for $100 instead of correctly debiting accounts receivable for $100, assuming no other errors, the trial balance will balance.
Answer the following statement true (T) or false (F)
Answer the following statements true (T) or false (F)
Capital market research has shown that investors do not appear to adjust accounting income to compensate for artificial book-keeping differences.