Employees and managers seriously underestimate the importance of ________ as a motivator.

The return on total assets measures the profitability of total assets, without considering how the assets are financed.

Which of the following is not a strength of adaptive leadership?

A) It takes a process approach to the study of leadership.
B) It is follower centered.
C) It clearly describes a step-by-step approach to adaptive challenges.
D) It directs how leaders help followers deal with conflicting values.

Under GAAP for segment reporting, a company must report

A) a measure of profit or loss for each reportable segment
B) factors used to identify its reportable segments
C) the types of products and services from which each reporting segment derives its revenues
D) all of these choices

Jun is building a home for Tessa that is to be completed by December 31st. Jun tells Tessa that he needs to hire additional workers in order to have the home done by that time and that she needs to pay him an extra $10,000. Tessa agrees to pay. Jun finishes the home and asks for his $10,000. Tessa refuses to pay. If Jun sues, what is the likely result? Discuss whether you believe the result is ethical and equitable.

Which of the following arises because long-term bond prices change more with interest rate movements than short-term bond prices?

A) Liquidity risk
B) Maturity risk
C) Default risk
D) Inflation risk

If a firm's economic profit is $0, then it must be true that

A) TR equals TC.
B) TR equals TVC.
C) TR equals TFC.
D) TFC is zero.