The use of verbal and physical instructions to help members reproduce a particular response is called:

A) Role playing
B) Group thought
C) Coaching
D) Modeling

Thomas is named "office manager" by Bigger Co. ,but his precise duties are not described.What type of authority would authorize Thomas to purchase office supplies?

A) Express authority
B) Implied authority
C) Apparent authority
D) Operation of law authority

According to the communication process model, communication begins with forming the message, then encoding it.

Richard's business is condemned by the state on July 10,2017,as part of a plan to add a highway loop around the city.His adjusted basis in his business is $500,000.He receives condemnation proceeds of $610,000 on August 30,2017.He purchases another business for $575,000 on September 15,2017.
a.What is Richard's realized and recognized gain or loss?
b.What is Richard's basis in the new business?

Failure to give up possession at the time the bailment ends could result in an action for conversion or negligence.

Ozdemir Corporation uses the first-in, first-out method in its process costing system. Data concerning the first processing department for the most recent month are listed below: What are the equivalent units for conversion costs for the month in the first processing department?

A) 1,015
B) 5,050
C) 6,920
D) 7,450

A cash register tape shows cash sales of $5000 and sales taxes of $300. The journal entry to record this information is a.
$\begin{array}{lrr}\text{ Cash. }& 5,300& \\ \text{Sales Revenue }& & 5,300\end{array}$

b.
$\begin{array}{lrr}\text{ Cash. }& 5,300& \\ \text{Sales Tax Revenue }& & 300\\ \text{ Sales Revenue }& & 5,000\end{array}$

c.
$\begin{array}{lrr}\text{Cash. }& 5,000& \\ \text{ Sales Tax Expense.}& 300& \\ \text{Sales Revenue }& & 5,300\end{array}$

d.
$\begin{array}{lrr}\text{Cash. }& 5,300& \\ \text{ Sales Revenue}& & 5,000\\ \text{ Sales Tax Revenue }& & 300\end{array}$

Corporate governance refers to the procedures designed to ensure that the company is managed in the interest of the board of directors who oversee management.

Which of the following strategies would most likely be used by a firm trying to close a profitability gap?

A) decreasing the yield
B) reducing investment intensity
C) selling new products to new markets
D) outsourcing value-added activities to suppliers