Expenses include a company's costs of providing products and services to customers, as well as cash payments to its stockholders.
Answer the following statement true (T) or false (F)
False
Expenses include costs of providing products and services. Cash payments to stockholders are called dividends.
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A feature of an effective incentive pay plan is that it should
A. have performance measures linked to the organization's goals. B. encourage group performance and sideline individual achievements. C. be the same for all employees in the organization. D. not be provided as a direct percentage of employees' performance. E. have performance measures based on employees' requirements.
The revised Model Business Corporation Act (MBCA) does not permit promises of future services and promissory notes to be exchanged for shares.
Answer the following statement true (T) or false (F)
What is not a strategic focus for firms who concentrate on bottom of the pyramid customers?
a. Large volume low profit margins b. Transactions taking place in an informal market c. Long term view of the project d. Products based on normal market conditions
Transfer pricing is a simple issue
Indicate whether the statement is true or false