Which One of the Following Unsecured Liabilities Has the Highest

question 10

Multiple Choice

Which one of the following unsecured liabilities has the highest priority when an insolvent company is about to be liquidated?

• A) federal income taxes payable.
• B) claims for expenses of administering the bankruptcy.
• C) loans made to the company by its stockholders.
• D) employees' claims for salaries.
• E) bank loans.

Understand how prejudice and stereotypes affect organizational behavior and decisions.

Differentiate between prejudicial attitudes and discriminatory actions in the workplace.

Analyze the role of diversity in shaping individual identities and societal experiences.

Identify demographic categories frequently discussed in the context of the workplace diversity (e.g., baby boomers, Generation X).

---

Definitions:

Superordinate Powers

Refers to higher-order or superior authority and capabilities often related to leadership or governance.

Close Supervision

A management style involving careful and continuous oversight of employees' activities to ensure tasks are performed correctly.

Participatives

A leadership style or approach that involves all members of a team in the decision-making process.

Immediate Rewards

Incentives or rewards given instantly after a desired behavior, used to reinforce that behavior.