The principle of ________ emphasizes that in order to create a learning organization, managers must recognize how learning at the individual and group levels affect each other
A) random thinking
B) systems thinking
C) personal mastery
D) organizational learning
B
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A lessee may have a leased item on his balance sheet as an asset, even though the lessee does not have the legal title of ownership to the leased item
Indicate whether the statement is true or false
Sid burned his own warehouse in an attempt to collect on a fire insurance policy. Sid has committed A) arson since he maliciously used fire to damage or destroy personal property
B) larceny since he committed an act intended to wrongfully obtain money from his insurance company. C) a crime called "burning to defraud insurers" since the crime of arson only applies to property owned by another person. D) an intentional tort, but not a crime since a person has a right to destroy his own property.