Buffalo,Inc

question 3

Multiple Choice

Buffalo,Inc.reported sales revenue for 2017 of $911,000.The products were sold with a nine-month warranty.Members of Buffalo's management estimate that the cost of the warranty will be equal to 9% of sales revenue.Which of the following will be included in the entry to record the actual amounts paid out as a result of warranty claims?

• A)a debit to Estimated Warranty Payable for the actual amount of payments
• B)a credit to Estimated Warranty Payable for $81,990
• C)a debit to Estimated Warranty Payable for $81,990
• D)a debit to Warranty Expense for the actual amount of payments

Analyze the role of personality and individual differences in leadership.

Explain the importance of leader-member exchange relationships in organizational settings.

Acknowledge the significance of cross-cultural differences in leadership style preferences.

Examine how transformational leadership motivates and changes organizations.

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Definitions:

Asian Descent

Denotes individuals whose ancestry can be traced back to Asia.

Odd Number

An integer not divisible by two, differing from even numbers, and having a remainder of one when divided by two.

Odds

A measure of the likelihood of a specific outcome in an event, often used in gambling and statistics.

Probability

The extent to which an event is likely to occur, measured by the ratio of the favorable cases to the whole number of cases possible.