Primum non nocere is associated as an ethical philosophy of:
a. Plato.
b. Aristotle.
c. Peter Drucker.
d. Laura Nash.
.D
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There are no budgeted capital expenditures or financing transactions during the quarter. Based on the above data, calculate the projected cash balance at the end of May.
Verle, Inc. has a cash balance of $20,000 on April 1. The company is now preparing the cash budget
for the second quarter. Budgeted cash collections and payments are as follows:
A) $22,000
B) $53,400
C) $48,400
D) $43,800
The Income Summary account
A) appears on the balance sheet. B) appears on the income statement. C) is closed to the cash account to properly state cash at the end of the period. D) does not appear in the financial statements.
A ________ VMS integrates successive stages of production and distribution under single ownership
A) contractual B) corporate C) contingency D) conventional E) communal
Match these types of examples with the relevant decisions.
a) Three engineering graduates establish '‘EcoDry'’ a new venture that seizes a growing market opportunity. They have combined several existing technologies, creating a new, more environmentally-friendly technique for dry cleaning textiles. Choose... i) Appropriating and accumulating value ii) Identifying or creating new opportunities iii) Mobilising and leveraging resources iv) Redistributing and redirecting value b) The founders of Eco-Dry secure financial resources from a number of sources, including their own family and friends. They also decide to recruit an experienced technology entrepreneur in order to increase their credibility with potential investors and business partners. Choose.. i) Appropriating and accumulating value ii) Identifying or creating new opportunities iii) Mobilising and leveraging resources iv) Redistributing and redirecting value c) The founders of Eco Dry decide to set up a commercial holding company on a franchise- based business model; they considered adopting a social enterprise model, but decided that this had the greatest growth potential. The founders accumulate wealth from the franchisees and from their own equity stake. Choose...i) Appropriating and accumulating value ii) Identifying or creating new opportunities iii) Mobilising and leveraging resources iv) Redistributing and redirecting value d) Once it is trading, ‘Eco-Dry’ is paying wages to employees, reimbursing suppliers, paying dividends to investors and taxes to local and national governments. The founders may also decide to re-invest their profits in new projects and making donations to environmental charities. Choose... i) Appropriating and accumulating value ii) Identifying or creating new opportunities iii) Mobilising and leveraging resources iv) Redistributing and redirecting value