6--An executive who is paid $2.5 million to achieve results, even if that means working 5 hours one day and 15 the next, is typically paid a/an: wage. incentive. stock option. salary. 7--joe issues orders to his employees and expects them to be obeyed without question. He acts like a military commander. What type of managerial style does Joe use? Free-rein Democratic Autocratic Exploratory 8--betty’s Breads is calculating their breakeven point. Their monthly fixed costs (rent and salaries) are $8,000. The cost of making one loaf of bread (materials) is $6.00. At a sales price of $10.00, their breakeven point would be __________ loaves per month. 2500 2000 800 500 9--Generally Accepted Accounting Principles are formulated by: the Institute of Public Accountants. the Internal Revenue Service. the Financial Accounting Standards Board. Congress. 10--When an investor gets involved in a short sale, what is that investor hoping will happen to the price of the stock? A sharp drop in the price of the stock will occur. A sharp rise in the price of the stock will occur. The stock will maintain its current price. Depreciation in stock value will occur.