One Way to Facilitate Change and Reduce Employee Resistance Is

question 6

Multiple Choice

One way to facilitate change and reduce employee resistance is to:

• A) bring in outside management to implement the change.
• B) coerce or force employee compliance with the change.
• C) punish any resistance to the change.
• D) reward constructive behaviors.

Comprehend the purpose and components of a bank reconciliation process.

Identify items that require adjustment in a bank reconciliation and their effects on the balance per books and balance per bank.

Understand the roles and responsibilities in the management of cash disbursements and the importance of control activities such as segregation of duties and use of prenumbered cheques.

Differentiate between items that would and would not require an adjusting entry on the depositor's books.

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Definitions:

Return On Equity

Return on equity (ROE) measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.

Net Income

The company's net profit, calculated by subtracting all costs and taxes from its total income.

Shares Outstanding

The total number of shares of stock that have been issued by a company and are held by investors, including both public investors and company insiders.