Group dynamics are important to the success of party plan systems
Indicate whether the statement is true or false
TRUE
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Arco Corporation declared a cash dividend on June 2 of $6 per common share. The company has 2,000 shares of common stock authorized, 1,000 shares issued, and 200 in the treasury. The entry to record the declaration of the cash dividend increases
a. a liability. b. an asset. c. an expense. d. a stockholders' equity account.
Answer the following statements true (T) or false (F)
1. Power refers to the rights inherent in a managerial position to make decisions, give orders, and utilize resources. 2. Director of accounting is an example of a staff position. 3. Staff personnel have authority functions in that they provide advice, recommendations, and research to line managers. 4. An advantage in using centralized authority is that there is less duplication of work, because fewer employees perform the same task.
Effective use of self-leadership can be used to experience:
a. psychological flow and happiness b. psychological flow c. psychological flow, happiness, and personal satisfaction d. personal satisfaction and happiness
During the entry phase, ______
A. new employees will not yet be subject to the organization’s culture and work expectations. B. employees sign a psychological contract. C. the new employee is able to know all of the elements of the organizational culture. D. the organization may assign a formal mentor.