Choose the user group that is most likely to have the need listed below. (Select all that apply.) The ability of the company to pay its debts as they become due
a. Stockholder
b. Company management
c. Supplier
d. Banker
e. Internal Revenue Service
f. Securities and Exchange Commission
g. Labor union
c, d
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Wave Company reports Sales of $34,500; Sales Returns and Allowances of $2,300, and Sales Discounts of $4,560 . Wave Company's Net Sales are
a. $32,200 . b. $27,640. c. $41,360. d. $29,940.
Explain the differences between conditions precedent, conditions subsequent, and concurrent conditions.
What will be an ideal response?
The management at Morningside Logistics & Fulfillment is in crisis mode. Their proprietary order fulfillment software has malfunctioned, and though their information technology (IT) department assures them that a solution is forthcoming, in the meantime they have a mounting backlog of unfulfilled orders. Adding to the difficulty of the situation is the fact that completion of these orders necessitates access to sensitive company information. Management's best option is to
A) inform their customers that they have experienced an IT glitch, and offer them a 20 percent discount for the entire quarter to cover any losses they might incur. B) recruit the help of talented employees within the organization, even though this will give them access to information that is normally the purview of top management alone. C) outsource the problem to a competitor, with the understanding that doing so runs the risk of giving their rival an edge over Morningside Logistics. D) bring in help from an overseas firm, despite the fact that doing so may involve a learning curve and language barrier, because this is the cheapest solution. E) attempt to solve the problem entirely at the level of top management, with the knowledge that the task is monumental and will involve working around the clock for weeks.
The discriminatory effect of apparently neutral employment criteria is a:
a. disparate impact. b. bona fide occupational qualification. c. business necessity. d. disparate treatment.