Which of the following statements about learning from feedback is least likely to be true for
top executives?
A) Most executives receive much praise but little constructive criticism from their
subordinates.
B) The realization that they have made it to the top causes executives to become less
defensive and more open to feedback.
C) Feelings of confidence and superiority cause many executives to ignore or discount
negative feedback.
D) Top executives tend to become isolated from most people except other executives who
cannot provide much useful feedback.
B
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A company uses a balanced scorecard and has established a key performance indicator for product quality. If the actual warranty claims are higher than expected, there is an indication that the quality standards have been met
Indicate whether the statement is true or false
Smith Company purchased a tractor at a cost of $90,000 on January 1, 2013. The tractor has an estimated salvage value of $10,000 and an estimated life of 8 years. At the end of two years of service, Smith reevaluated the tractor's useful life. Management extended the useful life an additional four years, but estimated that the tractor would have no residual value at the end of this time. If the company uses straight-line depreciation, what amount would be recorded as the depreciation expense each year, beginning with the third year?
A. $7,000 B. $3,750 C. $9,375 D. $7,917