An important characteristic of the new style of mentoring is that it is often
A) short term and informal.
B) long term and formal.
C) based on the assumption that the person being mentored will stay at the company for most of his or her career.
D) based on the assumption that the person being mentored is impatient to be promoted.
Answer: A
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A static budget is appropriate in evaluating a manager's performance if
a) the company prepares reports on an annual basis. b) the company is a not-for-profit organization. c) actual activity closely approximates the master budget activity. d) actual activity is less than the master budget activity.
On January 1, 2015, Ward Corporation issued $5,000,000 8%, 10-year bonds at 103. The journal entry to record the issuance will show a
A. credit to Cash for $5,150,000 B. credit to Bonds Payable for $5,030,000 C. credit to Premium on Bonds Payable for $150,000 D. debit to Cash of $5,000,000