What is an example of an “ill-conceived goal” of the kind that can generate unethical behavior in employees?
a. unrealistic profit expectation
b. yearly promotion
c. reducing the company’s carbon footprint
d. being competitive in the marketplace
a. unrealistic profit expectation
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On July 8, Jones Inc issued an $80,000, 6%, 120-day note payable to Miller Company. Assume that the fiscal yearof Jones ends July 31 . Using the 360-day year, what is the amount of interest expense recognized by Jones in thecurrent fiscal year?
a. $700 b. $4,200 c. $307 d. $1,400
Project budgets are developed by time-phasing which of the following?
A. The network diagram B. Critical activities C. Work packages D. Resource schedules E. None of these are time-phased to develop a project budget
Leveraged buyouts are initially financed through the sale of common stock
Indicate whether the statement is true or false
Match each entrepreneur below with the form of business combination with which he is historically identified.
A. Andrew Carnegie 1. interlocking directorate B. John D. Rockefeller 2. horizontal integration C. J. Pierpont Morgan 3. vertical integration a. A-2, B-3, C-1 b. A-1, B-2, C-3 c. A-2, B-1, C-3 d. A-3, B-2, C-1 e. A-1, B-3, C-2