One of the challenges of having a diverse workforce is the human tendency to let our interests, values, and culture act as filters that distort, block, and select what we see and hear, a behavior known as
A. stereotyping.
B. outsourcing.
C. mentoring.
D. cohesion.
E. groupthink.
Answer: A
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Ethnocentric companies are sometimes referred to as global companies
Indicate whether the statement is true or false
U.S. GAAP classifies all of the following as financing activities on the statement of cash flows except
a. cash inflows from issuance of bonds. b. cash inflows from selling capital stock of the entity. c. cash outflows to lender for interest. d. cash outflows to repurchase capital stock of the entity. e. cash outflows to repurchase bonds of the entity.
Use the following information to prepare the June cash budget for Springer Company. It should show expected cash receipts and cash payments for the month and the cash balance expected on June 30.a. Beginning cash balance on June 1 is $52,000.b. Cash receipts from sales are expected to be $1,625,000.c. Cash payments for direct materials and direct labor are expected to be $246,500 and $573,100, respectively.d. Budgeted cash payments for variable overhead is $340,000.e. Budgeted depreciation, the only fixed overhead estimated for June: $24,000.f. Cash selling and administrative expenses budgeted for June are $282,000.g. Bank loan interest due in June: $8,000.i. Loan payment of $50,000 should be made if the preliminary cash balance is greater than $200,000.
What will be an ideal response?
Which of the following statements concerning put options are correct?
A) The writer of a put profits if the price of the underlying stock rises. B) The writer of a put profits if the price of the underlying stock falls. C) The owner of a put profits if the price of the underlying stock rises. D) Both the owner and writer of a put profit when the price of the underlying stock falls.