ACCOUNTING EXAM 2 STUDY GUIDE Chapter 5 1. Know the following terms: merchandise inventory‚ sales‚ sales returns and allowances‚ sales discounts‚ net sales‚ cost of merchandise sold‚ gross profit‚ operating expenses‚ operating cycle‚ purchase discounts‚ purchase returns and allowances‚ FOB shipping point‚ FOB destination‚ and inventory shrinkage. 2. Be able to prepare a multiple step income statement. 3. Be able to prepare the journal entries for the seller and buyer including
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SUBJECT: HUMAN BEHAVIOR IN ORGANIZATION CHAPTER 1: An INTRODUCTION to ORGANIZATIONAL BEHAVIOR Practicing managers have long understood the importance of interpersonal skills to managerial effectiveness‚ and developing of the same is closely tied to the need of for organizations to get and keep high-performing employees. We have to understand that technical skills are necessary ‚ but they are not enough to succeed in management. In today’s increasing competitive and demanding workplace
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Group Behavior in Organizations Introduction А well-managed organization needs adequate talent to achieve its goals. In addition‚ organizational leaders need to understand the individuals that are working for the organization. By learning how the behavior and culture of individuals affects the organization‚ leaders and organizations move one step closer to success. Organizational behavior‚ OB for short is the study of human behavior in organizations. It is а field of study devoted to understanding
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Answers Multiple Choice Questionnaires | |2009 Edition | |Chapter 1 |Chapter 2 |Chapter 3 |Chapter 4 | | |Multiple Choice |Multiple Choice |Multiple Choice |Multiple Choice
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Motivation is the set of forces that causes people to engage in one behavior rather than some alternative behavior. Importance of motivation: managers strive hard to motivate people in the organization to perform at high levels. Experienced Rewards or Punishment Search for Ways to Satisfy Needs Reassessment of Need Deficiency Experienced Need Deficiency Choice of Goal-Directed Behaviors Enrichment of Behavioral Choice (Performance) Motivational Framework HISTORICAL PERSPECTIVES ON
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Chapter 2 Study Guide MULTIPLE CHOICE QUESTIONS 1. The relative frequency of a class is computed by a. dividing the midpoint of the class by the sample size b. dividing the frequency of the class by the midpoint c. dividing the sample size by the frequency of the class d. dividing the frequency of the class by the sample size Answer: d 3. The sum of frequencies for all classes will always equal a. 1 b. the number of elements in a data set c. the number of classes d. a
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Ethical Behavior In Organizations Ethical Behavior in Organizations In today’s economy‚ managing ethical behavior is one of the tough and complex problems that business organizations are facing. Employees ’ decisions to behave ethically or unethically are influenced by the individual and situational factors. Examples of those factors are background‚ personality‚ decision history‚ managerial philosophy‚ and reinforcement‚ which had been identified by researchers that affect employees ’ behavior when
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Human Behavior in Organization H – Human B – Behavior (acts of cognitive mind; experiences in the past) O – Organization (2 or more people with common purpose/ideas/objectives) Organizational Behavior Purpose: improve organization’s EFFECTIVENESS * Individual behavior * Group behavior * Firm (organization) Human – behaves on his own & behaves differently when he is in a group OB – field of study that investigates the impact that individuals‚ groups‚ and structure (organizational structure)
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1. ORGANIZATIONAL BEHAVIOUR STUDY “A field of study that investigates the impact that individuals‚ group and structure have on behavior within organizations‚ for the purpose of applying such towards improving an organizational effectiveness” It has three main elements: 1) Organizational behaviour is an investigative study of individuals and groups‚ 2) The impact of organizational structure on human behaviour 3) The application of knowledge to achieve organizational effectiveness. 1.1 Why
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Time Elapsed 2 hours‚ 5 minutes out of 5 hours. Question 1 3 out of 3 points A bond with an annual coupon of $70 and originally sold at par for $1‚000. The current market interest rate (yield to maturity) is 8%. This bond will sell at _______. Assuming no change in market interest rates‚ the bond will present the holder with capital ________ as it matures. . Answer Selected Answer: B. discount; gains Correct Answer: B. discount; gains Question 2 3 out of 3
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