Answer:
a. The LMX focuses only on the behaviors or traits of leaders.
Explanation:
The leader–member exchange (LMX) model of leadership focuses on the relationship between leaders and subordinates.
The model assumes that the leader has a unique relationship with subordinates. The theory suggests that the quality of the relationship between the leader and the subordinate affects the quality of work and decisions of subordinates.
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Answer:
$153,000
Explanation:
Under an installment sales method, the seller defers the recognition of gross profit on sale arising out of a transaction, unless money is actually received for such a transaction.
Rate of profit earned by Rigsby Sales Co. for sale of tract of land
= Sales proceeds - Cost
= $5,000,000 - $3,300,000
= $17,00,000
Rate of profit earned = 
= 
= 34%
Money received during current year i.e 2021 =
Down payment of $450,000
Thus, the revenue to be recognized and to be reported as per installment sales method for year ending on Dec 31, 2021 would be,
= Rate of profit earned on the transaction × Receipts during the period
= 34% × $450,000
= $153,000
Answer:
A statement savings account can be drawn upon any time the customer requires cash (on demand). The customer can also deposit cash into the account at any time. The interest rate payable on the deposits is not fixed but fluctuates. A statement savings account is opened for a life-time and there is no fixed time for the deposits to stay.
The duration for which the Certificates of Deposit will be saved is fixed. A customer is not freely allowed to withdraw and deposit into the account. The customer withdraws at maturity. The interest rate is fixed and cannot be altered.
1. Both
2. Statement Savings Account
3. Certificate of Deposit
4. Certificate of Deposit
5. Statement Savings Account
Explanation:
A statement (or passbook) savings account is an ordinary savings account opened in a bank for depositing and withdrawing money regularly as needed by the customer.
A Certificate of Deposit (CD) is a fixed-term duration savings account, which is opened in a bank to enable the customer deposit some fixed amount that will not be withdrawn regularly by the customer until the maturity date. CDs are called time deposits because of the fixed time the deposits must stay.
The correct answer is innovation
