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In a partnership liquidation, if a partner has a debit capital balance in his or her capital account, he or she is responsible for contributing personal assets sufficient to eliminate the deficit.

On May 13, 2024


True
BR

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The Hawthorne studies, conducted during the 1920s and 1930s, first suggested the importance of the _____ in an organization.

A) functional elements
B) formal elements
C) informal elements
D) central elements

On May 13, 2024


C
BR

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Brad, a manager at a new investment firm, is performing job evaluation. He selects 12 benchmark jobs in the firm and then ranks each of these jobs against compensable job factors such as physical effort, responsibility, skill, and nature of the working conditions. This ranking is based on job descriptions created during job analysis. Later, the management meets as a group and develops a consensus on the assigned values for each job. In the given scenario, which of the following systems or methods is Brad most likely using for job evaluation?

A) The point system
B) The classification system
C) The factor-comparison method
D) The market-basket analysis method

On May 11, 2024


C