If a Car Is Serviced on 31 May and an Invoice

question 54

Multiple Choice

If a car is serviced on 31 May and an invoice is issued,the owner picks up the car on 31 May,the owner sends a cheque to the servicing firm on 4 June,and the firm banks the cheque on 7 June,income is recognised by the servicing firm on

• A)31 May
• B)4 June
• C)7 June
• D)5 June

Evaluate the liquidity position of a firm through common-size financial statements and ratios.

Assess the effect of earning management practices on a firm's financial statements.

Understand the concept and effectiveness of self-promotion and other impression management tactics.

Know the basic premises and implications of the Leader-Member Exchange (LMX) theory.

---

Definitions:

Core Affect

A fundamental psychological state underlying mood and emotions, representing the most basic feelings of pleasure or displeasure and arousal or sleepiness.

Pleasantness and Arousal

Dimensions used in emotion research, indicating respectively how positive or negative an emotion is, and how much it physiologically activates or excites an individual.

Circumplex Dimensionality

A conceptual framework for organizing interrelated variables in a circular structure, often used in personality and emotion research.

Communicative Behaviors

Actions that are involved in the exchange of information between individuals, including verbal speech and non-verbal cues.