According to leader-member exchange theorists,
a. all subordinates want to be in the in-group, but most leaders do not let everyone in
b. leaders want to let everyone in, but not all subordinates want to join the in-group
c. neither followers nor leaders want to have in-groups
d. the quality of the leader-member relationship depends upon the effort put into it by both the leader and the follower
d. the quality of the leader-member relationship depends upon the effort put into it by both the leader and the follower
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Which of the following best describes a learning management system?
A. the process of evaluating the organization, individual employees, and employees' tasks to determine what kinds of training, if any, are necessary B. a software application that automates the administration, development, and delivery of training programs C. a team of trainers and human resource professionals who are responsible for planning and conducting the training programs in an organization D. the process of determining individuals' needs and readiness for training E. a process for determining the appropriateness of training by evaluating the characteristics of the organization
Young adults exchange more than 3,200 texts a month, according to a 2011 Pew Research Center survey.
Answer the following statement true (T) or false (F)
Studies indicated that the enactment of the Sarbanes-Oxley Act has:
a. led to more investment in U.S. stock exchanges b. led to lower costs for small businesses c. led to corporate business shifting away from the U.S. to competitors such as London d. led to corporate business shifting away from places like London and to the U.S. e. an increase in purchases of government bonds
An audit engagement team is planning for the upcoming audit of a client who recently underwent a significant restructuring of its debt. The restructuring was necessary as economic conditions hampered the client’s ability to make scheduled re-payments of its debt obligations. The restructured debt agreements included new debt covenants. In auditing the debt obligation in the prior year (before
the restructuring), the team established materiality specific to the financial statement debt account (account level materiality) at a lower amount than overall financial statement materiality. In planning the audit for the current year, the team plans to use a similar materiality level. While such a conclusion might be appropriate, what judgment trap(s) might the team fall into and which step(s) in the judgment process are most likely affected? What will be an ideal response?