Use the Following Information for Questions

question 30

Multiple Choice

Use the following information for questions:
Dudeck Construction Co.agreed to build a bridge for Genoa City.The contract specifies that construction will take three years and Dudeck will receive $12,500,000.The company expects annual costs to be $3,500,000; $2,750,000; and $1,800,000.
-Assume Dudeck uses the percentage of completion method.Revenue recognized in year three will be:

• A)$1,800,000
• B)$2,795,030
• C)$4,166,667
• D)$12,500,000

Comprehend the significance of reciprocity in organizational behavior.

Describe concepts and strategies for managing organizational behavior.

Recognize the importance of situational approaches in management.

Understand the impact and management of emotions in organizational settings.

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Definitions:

Direct Approach

A communication strategy that involves straightforward and explicitly stating one's intentions or message without ambiguity.

Bad News

Unfavorable or unwelcome information that is transmitted or received, often invoking disappointment or sadness.

Goodwill Statement

A message that aims to foster positive feelings, build rapport, or enhance the relationship between parties, often used in business communications.

Unavoidable Circumstances

Situations or events that cannot be prevented or altered, often leading to changes in plans or the need for adaptation.