All of the following are principles established by the codes of conduct promulgated by the Organization for Economic Cooperation and Development (OECD) except:
A) to take into account the policies and objectives of the country with which a corporation operates
B) nondiscrimination in hiring.
C) mandatory wage scales for countries in which each corporation operates.
D) utilizing "reasonable terms" when transferring technology.
C
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Which statement about the degree of formality for a presentation is correct?
A) Presentations for small groups should be more formal than presentations for large audiences. B) Your presentation should be less formal when you expect the audience to include individuals from other countries. C) When you anticipate repeating a presentation, you should make the presentation more formal. D) Routine topics require a more formal presentation. E) Complex topics or proposals concerning critical issues require a more formal presentation.
Rhodes Company reports the following information for the Year 1 fiscal year: Sales on account$650,000 Accounts receivable$70,000 Allowance for doubtful accounts$4,000 Determine the average number of days it takes Rhodes to collect its accounts receivable. (Round intermediate calculations to 2 decimal places.)
A. 20 B. 37 C. 39 D. 14
Which of the following is the most important ingredient of the financial planning process of a firm??
A. ?Expense forecast B. ?External financing forecast C. ?Sales forecast D. ?Internal fund generation forecast E. ?Capital requirements forecast
If transfer prices are to be based on cost, then the costs should be actual costs rather than standard costs.
Answer the following statement true (T) or false (F)