In some collective bargaining agreements the union agrees
a. to protect the employer's property during a strike.
b. to facilitate the proper maintenance of machinery during a strike.
c. not to interfere with management and supervisory personnel entering and leaving the plant during a strike.
d. All of the above.
D
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Which is true of autonomy and the perception of autonomy?
a. It makes a clear link between organizational goals and individual rewards. b. It is valued in cultures high in individualism. c. All cultures value autonomy that gives complete freedom of choice to employees. d. All cultures value autonomy but each culture and perhaps each organization must adjust how the autonomy is applied. e. Autonomy promotes team work and collaboration.
During the taking of its physical inventory on December 31, 2010, Barry's Bike Shop incorrectly counted its inventory as $270,000 instead of the correct amount of $190,000. The effect on the balance sheet and income statement would be as follows:
A) assets overstated by $80,000;retained earnings understated by $80,000; net income statement understated by $80,000. B) assets overstated by $80,000;retained earnings understated by $80,000; no effect on the income statement. C) assets and retained earnings overstated by $80,000; net income overstated by $80,000;. D) assets and retained earnings overstated by $80,000; net income understated by $80,000.