If applied correctly, budgeting may have a positive effect on employee motivation.

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


True

Business

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Summarize the three types of organizations classified according to the three different purposes for which they are formed. Give an example of each and the purpose and customers they serve.

What will be an ideal response?

Business

________ attempts to obtain a sample of convenient elements. The selection of sampling units is left primarily to the interviewer

A) Nonprobability sampling B) Probability sampling C) Convenience sampling D) Judgmental sampling

Business

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

1. Managerial accounting focuses on providing information for internal planning and control. 2. Financial accounting prepares reports for internal purposes, whereas managerial accounting provides information to external stakeholders. 3. Financial statements prepared for investors and creditors often include forward-looking information because they make decisions based on a company's future prospects. 4. Managerial accounting reporting by a public firm is required to follow the rules of GAAP. 5. Planning requires managers to look to the future and establish goals for the business.

Business

Which of the following is the intermediary in a one -level distribution channel structure?

A) jobber B) distributor C) retailer D) wholesaler

Business