Which culture can be described as employees may work independently of each other, but they still come together on an informal basis to swap and exchange ideas?
a. Mercenary
b. Networked
c. Spiritual
d. Communal
b. Networked
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Off-invoice allowances are payments to store chains for placing a product on a shelf
Indicate whether the statement is true or false
When a business has departmental operations, departmental reports are a part of the basic financial statements
Indicate whether the statement is true or false
Under the Equal Pay Act of 1963 an employee may not be paid at a lesser rate than employees of the opposite sex for tasks requiring equal skill, effort, and responsibility under similar working conditions
a. True b. False Indicate whether the statement is true or false
Which of the following statements is correct?
A. If a company uses the residual dividend model to determine its dividend payments, dividends payout will tend to increase whenever its profitable investment opportunities increase. B. The stronger management thinks the clientele effect is, the more likely the firm is to adopt a strict version of the residual dividend model. C. Companies may pay too high a price in a large open market repurchase if it takes too long to complete. D. An investor’s capital gains from selling stock in a repurchase are always taxed at a higher rate than if the distribution were dividends. E. The tax code encourages companies to pay dividends rather than reinvest earnings.