Raw, unorganized facts that need to be processed are called ________
A) information
B) samples
C) data
D) insights
E) research
C
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All of the following are ways one corporation could affect the operating and financial policies of another corporation except
A) analysis of data regarding profitability. B) material transactions between the companies. C) representation on the board of directors. D) exchange of managerial personnel.
Shareholders in a corporation have an interest in the company because
A) they provide incentives for the company to market their products. B) they are part of the Marketing Department that is responsible for promoting the products or services to increase the business profits. C) they help market their products to customers or find vendors to supply needed inputs. D) they provide major financing for the business.
If a gain of $9,000 is incurred in selling (for cash) office equipment having a book value of $55,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is
A) $46,000 B) $9,000 C) $55,000 D) $64,000
Answer the following statements true (T) or false (F)
1. Annually, only around 1 percent of the contracts that are opened for negotiations end up in a strike. 2. Interest disputes are conflicts over the terms and conditions of employment. 3. Rights disputes occur over the application and interpretation of contract language in a particular situation. 4. The purpose of a strike is to increase the employer's cost of disagreeing with the union's demands by depriving the employer of its profit-generating ability. 5. If the NFL football players went out on strike to support the referees in their negotiations over wages and working conditions, it would be considered a sympathy strike.