The cornerstone and major benefit of mediation is that

A. it is a formal process and therefore easily undertaken.
B. the parties involved maintain control over the settlement outcome.
C. a mediator can quickly settle a dispute by declaring a resolution.
D. the mediator is a representative of management.


Answer: B

Business

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The costs of operating a purchasing department are necessary to the purchasing of inventory therefore; those costs should be allocated to inventory

Indicate whether the statement is true or false

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Par value of a stock refers to the:

A. Issue price of the stock. B. Dividend value of the stock. C. Market value of the stock on the date of the financial statements. D. Value assigned per share by the corporate charter. E. Maximum selling price of the stock.

Business

Tarpon Corp had the following long-term debt at December 31: Collateral trust bonds, having securities of unrelated corporations as security ............................ $250,000 Bonds unsecured as to principal ....................... 150,000 The debenture bonds amounted to

a. $0. b. $150,000. c. $250,000. d. $400,000.

Business

As a result of his last performance appraisal, Deron finally got the promotion he has been seeking for 3 years. His supervisor agreed with Deron that his performance had improved and that Deron was ready to take on more responsibility. This is an example of the ______ reason for conducting performance appraisals.

A. communication B. decision-making C. motivation D. ranking

Business