Which of the following statements is true of setting performance standards for small businesses?
A. Many precise tools are available to establish standards for measuring performance.
B. Time delays and personal requirements are avoided while setting performance standards.
C. Estimates by experienced people are used to set performance standards.
D. It is easier to set performance standards for mental work than for physical work.
Answer: C
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Reversing entries should not be made for which of the following?
A) Adjusting entries that defer costs by recording them as prepaid expenses. B) Adjusting entries to expenses that are to be paid in the next period. C) Adjusting entries to accrue revenue to be collected in the next period. D) Adjusting entries related to estimates.
Name three forms of computer fraud
The relationship between unions and minority workers in the U.S. is complex but can be summarized as:
A. Unions have largely been hostile toward minority workers. B. Unions have been strong advocates for diversity throughout their history. C. Union behaviors toward minorities have reflected larger social patterns of discrimination. D. Unions have little influence or interest in issues of racial discrimination; they have remained largely neutral on the subject.
A company regularly conducts classes in moral philosophy for its employees. In addition, it ensures that whistleblowers are protected from ostracism or mistreatment. These measures have been specifically taken to
A. develop a compliant workforce in the organization. B. create an ethical climate in the organization. C. establish an ethnocentric work environment in the organization. D. increase punitive actions against wrongdoers in the organization. E. stay away from ethical dilemmas in the organization.