Sarah is the leader of a small research team at a medium-sized corporation. Her team is doing some very innovative work that she believes is important to the company. Sarah’s manager has told her that the company has not been profitable this year and is facing some financial difficulty. As a result, she is told, no one will be receiving annual performance increases in three months. Sarah has chosen not to share this information with her team because she fears that if she does, some of her team members might quit. Sarah is ______.
a. loyal to the organization
b. disloyal to her team
c. committing an act of commission
d. committing an act of omission
d. committing an act of omission
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The objective of transfer pricing is to encourage each division manager to transfer goods and services between divisions if overall company income can be increased by doing so
Indicate whether the statement is true or false
Which of the following statements associated with traditional overhead allocation is true?
A) A traditional overhead allocation method is the most accurate in automated environments with diverse products. B) A traditional overhead allocation method can also be referred to as activity-based costing. C) A traditional overhead allocation method provides the most accurate product cost information. D) A traditional overhead allocation method usually uses one or two volume-based cost drivers.
Stare decisis means:
A) A jury's decision cannot be overturned by a judge B) The power to make laws is given only to the courts as governments cannot make laws C) The Small Claims Courts cannot hear matters involving failure to pay debts D) A judge is bound to follow a principle of law laid down by other judges of higher rank E) A decision is not binding unless the judge gives written reasons
An inspector from the Occupational Safety and Health Administration (OSHA) wants to examine the safety and health standards maintained at Coral Steel Inc. Which of the following will happen during such an inspection?
A. The inspector will ask the employer to select an employee representative to interview. B. The inspector will want to conduct a preliminary meeting with all the employees of the organization. C. The inspector will want to see the employer representative's credentials upon arrival. D. The inspector will usually request an employer representative and an employee representative to join in an inspection tour.