How does diversity research differ from research on organizational demography?
a. Diversity research is broader.
b. Organization demography is action oriented.
*c. Organization demography is broader.
d. Organization demography focuses on groups not individuals.
*c. Organization demography is broader.
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Cerrato Company has assets of $350,000, liabilities of $130,000, and retained earnings of $180,000 . How much is total owners' equity?
a. $ 40,000 b. $ 170,000 c. $ 220,000 d. $ 350,000
Which of the following corporate tax levies are imposed on an S corporation?
A. accumulated earnings tax B. corporate income tax C. corporate alternative minimum tax D. None of these taxes are imposed on an S corporation.
The key steps followed by the managers in capital investment analysis include all of the following except
A) identification of capital investment needs. B) preliminary screening. C) formal requests for capital investments. D) analyzing sunk costs.
Which of the following is/are not true?
a. An employer must recognize changes in the funded status of a defined benefit retirement plan on its balance sheet each period. b. U.S. GAAP and IFRS do not require the employer to recognize changes in the funded status of a defined benefit retirement plan immediately in net income. c. Changes in the net funded status of a defined benefit retirement plan because investment performance differs from expectations, or because of changes in actuarial assumptions, or in the retirement benefit formula, initially affect other comprehensive income. d. Firms amortize the amounts in the contingency reserve for underfunded/overfunded retirement plans over the expected period of benefit as an adjustment to retirement plan cost. e. all of the above