ISO (International Organization for Standardization) 26000 was developed as

a. a mandatory corporate social responsibility standard applied in Europe.
b. a guide.
c. a mandatory standard in Europe and a voluntary standard for the rest of the world.
d. a corporate social responsibility standard that only applies in Scandinavian countries.


Ans: B

Business

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On January 1, 2015, Chain, Inc issued $400,000, 10-year, 10% bonds for $354,200 . The bonds pay interest on June 30 and December 31 . The market rate is 12%. The interest expense on the bonds at June 30, 2015 is

a. $20,000 b. $24,000 c. $21,252 d. $17,710

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A social network which focuses on career-minded professionals is ________

A) Facebook B) LinkedIn C) MySpace D) Twitter E) Gawker

Business

Calculate the payback period for Investment A. (Round your answer to two decimal places.)

Dragonfly, Inc. is evaluating two possible investments in depreciable plant assets. The company uses the straight-line method of depreciation. The following information is available:



A) 2.22 years
B) 2.89 years
C) 1.00 year
D) 3.61 years

Business

Budgetary slack can be avoided if lower and mid-level managers are requested to support all of their spending requirements with specific operational plans

Indicate whether the statement is true or false

Business