Research on environmental stability and organizational structure found that:

A) companies in relatively stable environments tended toward job specialization.
B) there was no link between organizational structure and the company's operating environment.
C) companies in relatively unstable environments tended toward job specialization.
D) companies in rapidly changing environments did better when they had a mechanistic structure.

A

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Which of the following qualifies as an extraordinary item?

A) losses due to employee labor strikes B) losses due to hurricanes in Florida C) taking of company assets by an foreign government D) gain on sale of plant assets

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Two people own a house as joint tenants. One co-tenant executes a promissory note secured by a deed of trust against her interest in the house. Which of the following statements is true?

A. This defeats one of the unities required for joint tenancy. B. This invalidates the promissory note because the co- tenant only had a partial interest in the property. C. This places the beneficiary in a precarious position, since the lien created by the deed of trust will be extinguished upon the death of the borrower. D. This creates a security interest in all other properties owned by the borrower.

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