Right or Wrong? If You Owe $3,300 for 7 Days $\frac { ( \$ 3,300 \times 7 ) + ( \$ 1,000 \times 24 ) } { 30 } = \$ 1,570$

question 172

Multiple Choice

Right or Wrong? If you owe $3,300 for 7 days in January and $1,000 for 24 days, then the average daily balance (to the nearest cent) is $\frac { ( \$ 3,300 \times 7 ) + ( \$ 1,000 \times 24 ) } { 30 } = \$ 1,570$

• A) Wrong
• B) Right

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Definitions:

Human Relations

The study and management of interactions and relationships between people, especially in the workplace.

Human Relations

The study and management of how individuals interact within groups, often with a focus on improving workplace atmosphere and productivity.

Mary Parker Follett

A pioneering theorist in organizational theory and behavior, emphasizing the importance of management through people and negotiation.

Human Relations

The study and management of interactions between individuals in a workplace or social setting.