A strong culture creates an internal climate of high behavioral control

Indicate whether the statement is true or false

TRUE
Explanation: In a strong culture, the organization's core values are both intensely held and widely shared. The high degree of sharedness and intensity creates an internal climate of high behavioral control.

Business

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A business hired a repair service to overhaul its plumbing system. The repair service began work on September 15 and completed it on October 15. The business agreed to pay the service $4,000 when the work was completed

As of September 30, the work was 50% complete, and the business made an adjusting entry to accrue repair expense as of the end of September. On October 15, the work was completed, and the repair service was paid in full. Provide the journal entry for the cash payment on October 15. (Ignore explanation). What will be an ideal response

Business

At a meeting between a portfolio manager and a prospective client, the portfolio manager stated that her firm's bond investment strategy is a conservative one

The portfolio manager told the prospective client that she constructs a portfolio with a forward-looking tracking error that is typically between 250 and 300 basis points of a client-specified bond index. Explain why you agree or disagree with the portfolio manager's statement that the portfolio strategy is a conservative one.

Business