For a US chocolate company, addressing the issue of child labor in the countries where cocoa beans are harvested is
a. a generic social issue.
b. strategic corporate philanthropy.
c. a value chain social impact.
d. the social dimension of a competitive context.
Ans: C
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Unearned Revenue was $1,200 at the end of May and $1,500 at the end of June. Service Revenue was $8,550 for the month of June. How much cash was received for services provided during June?
A) $8,250 B) $5,850 C) $8,850 D) $11,250
The current ratio measures a company's ________
A) overall ability to pay liabilities B) ability to pay current liabilities with current assets C) proportion of assets that are financed by debt D) rate of cash flow
All of the following statements about regulatory objectives of insurance rate making are true EXCEPT
A) One purpose of rate adequacy is to maintain the solvency of insurers. B) Rates unfairly discriminate if loss exposures that are similar with respect to losses and expenses are charged substantially different rates. C) Insurers know in advance if the coverages marketed will be profitable, so rate regulation is not needed. D) Rates are excessive if policyholders are paying substantially more than the actual value of their protection.
Zero-balance accounts are checking accounts in which a zero balance is maintained and the bank automatically covers all checks presented against the accounts
Indicate whether the statement is true or false