Macy's deployed which of the following technologies in many of its retail stores in 2014?

The preparation of closing entries:

a. is an optional step in the accounting cycle. b. results in zero balances in all accounts at the end of the period so that they are ready for the following period's transactions. c. is necessary before financial statements can be prepared. d. results in transferring the balances in all temporary accounts to Retained Earnings.

Based on her long experience as a manager, Stella was convinced that people exert higher levels of effort when the goals set out for them are challenging and specific. Stella appears to be an advocate of

a. expectancy theory. b. equity theory. c. goal-setting theory. d. Theory Y. e. motivation-hygiene theory.