The "triple bottom line" refers to what three performance metrics a company should simultaneously succeed in?
A. planning, execution, and results
B. legal, social, and economical
C. legal, social, and environmental
D. pay, power, and performance
E. economic, social, and environmental
Answer: E
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Recently the FTC investigated bloggers who were being sponsored to pitch products. The FTC ruled that the blogger must disclose any type of compensation that is being received. This is an example of a:
A) cease and desist order B) consent order C) corrective advertising order D) trade regulation ruling
An important numerical measure of the shape of a distribution is the
A. 5-number summary B. z-score. C. coefficient of variation. D. skewness.
Firms may not include all income taxes for a period on the line for income tax expense in the income statement. Other places that income tax expenses may occur include all of the following except:
a. Discontinued Operations b. Extraordinary Items c. Other Comprehensive Income d. Common Stock
A company purchased $10,000 of merchandise on June 15 with terms of 3/10, n/45, and FOB shipping point. The freight charge, $500, was added to the invoice amount. On June 20, it returned $800 of that merchandise. On June 24, it paid the balance owed for the merchandise taking any discount it is entitled to. The cash paid on June 24 equals:
A. $10,300. B. $9,424. C. $10,500. D. $10,200. E. $9,224.