Which of the following statements best describes the ethical position of Enron executives?
A) If it's legal, its ethical
B) If we are under pressure to keep the stock price up, we do what it takes.
C) Everybody does it.
D) Both a and b
D
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Control charts are appropriate devices in
a. total quality control. b. statistical process control. c. total quality management. d. all of the above.
Divine Paper, a United States-based company, processes wood pulp into paper products in fixed-asset intensive facilities. It has a large ratio of property, plant, and equipment to total assets and a high debt-equity ratios. Which of the following is/are true?
a. Divine Paper carries higher levels of risk than an electrical utility. b. Divine Paper does not have the regulated, monopoly status of an electrical utility. c. Sales of Divine Paper are more sensitive to changes in the level of business activity than those of an electric utility. d. The higher risk of Divine Paper, relative to an electric utility, raises its borrowing costs and decreases its reliance on debt financing. e. all of the above
If you agree with part of a writer's complaint but disagree with other parts, it is best to write a/an
A) Bad News from a Company to a Customer or Vendor letter. B) Partial Adjustment letter. C) Complaint letter. D) 100 Percent Negative Response letter.
A company has a standard cost system in which fixed and variable manufacturing overhead costs are applied to products on the basis of direct labor-hours. The company's choice of the denominator level of activity has no effect on the fixed manufacturing overhead budget variance.
Answer the following statement true (T) or false (F)