Which financial statement for a business would you look at to determine the company's earnings performance during an accounting period?

a. Balance sheet.
b. Income statement.
c. Statement of cash flows.
d. The Management Assessment.


B

Business

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Discount Furniture has seen sales decline in a highly competitive environment. To be able to offer a lower-cost product, management decides to close its factory in North Carolina, laying off 85 workers from the company's 465-person workforce. Under the Workers' Adjustment Retraining and Notification Act, what must Discount Furniture do?

A. It must request employees' consent before releasing their job records. B. It must explain employment-at-will principles to the employees. C. It must provide all the employees with exit interviews. D. It must give the employees 60 days' notice before it can begin the layoffs. E. It is required to seek legal advice to identify any exemptions available.

Business

The saying, "the union makes us strong" best describes which school of thought:

A. Industrial Relations B. Human Resource Management C. Mainstream economics D. Critical industrial relations

Business

Written computer programs are not given the same protection as other copyrighted material

Indicate whether the statement is true or false

Business

Facebooks is an example of a ________ because it provides a platform that enables the creation of social networks.

A. user B. connection C. social media provider D. community E. marketing platform

Business