Ellyn Believes That Her Employees Have a Strong Capacity for Assuming

question 77

Multiple Choice

Ellyn believes that her employees have a strong capacity for assuming responsibility for their work; Gino believes that his workers are lazy and must be supervised at all times. Ellyn subscribes to _____, while Gino subscribes to _____.

• A)Theory X; Theory Y
• B)Theory Y; Theory X
• C)negative entropy; equifinality
• D)equifinality; negative entropy

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Definitions:

Credit Terms

The conditions under which credit is extended by a seller to a buyer, including the repayment period, discount for early payment, and the due date.

Invoice Price

The amount that appears on an invoice as the cost of buying or procuring a product or service.

Credit Terms

The conditions under which a seller will extend credit to a buyer, specifying the repayment period, interest rate, and consequences of late payment.

General Journal Entries

Records of financial transactions in the order they occur, serving as the initial place of entry in the accounting system.