If a Company Receives $12,000 from the Stockholders to Establish

question 158

Multiple Choice

If a company receives $12,000 from the stockholders to establish a corporation, the effect on the accounting equation would be:

• A)Assets decrease $12,000 and equity decreases $12,000.
• B)Assets increase $12,000 and liabilities decrease $12,000.
• C)Assets increase $12,000 and liabilities increase $12,000.
• D)Liabilities increase $12,000 and equity decreases $12,000.
• E)Assets increase $12,000 and equity increases $12,000.

Recognize the stages of team development and their significance.

Identify the conditions under which teams are more effective.

Comprehend the impact of team cohesiveness on team dynamics and performance.

Understand the role of trust in team dynamics and its different bases.

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Definitions:

Raw and Semifinished

Materials or products that have undergone partial processing but are not yet complete products ready for sale to the end consumer.

Standardization

The process of making products, processes, or services uniform to ensure consistency and quality.

Direct Selling

A marketing strategy where products are sold directly to consumers, bypassing traditional retail channels, usually through personal sales in a non-retail setting.