Nick is admitted to an existing partnership by investing cash. Nick agrees to pay a bonus for his ownership interest because of the past success of the partnership. When Nick's investment in the partnership is recorded
a. his capital account will be credited for more than the cash he invested
b. his capital account will be credited for the amount of cash he invested
c. a bonus will be credited for the amount of cash he invested
d. a bonus will be distributed to the old partners' capital accounts
d
Business
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According to the competing values framework, clan, adhocracy, market, and hierarchy are ________.
a. MBO levels of achievement b. organizational values c. organizational cultures d. organizational norms e. industry cultural standards
Business
One of the basic values that strongly influenced attitudes in the United States' first 200 years and still holds for a majority of Americans today is nonconformity
Indicate whether the statement is true or false a. True b. False
Business