All of the following describe a revenue except:
a. A revenue can result in the inflow of assets.
b. A revenue can result in the settlement of liabilities from the delivery or distribution of goods.
c. A revenue can result in the settlement of liabilities from rendering services.
d. A revenue must involve an inflow of assets.
d
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?The dollar value of a company's stock rose from $20 to $21 during a year. If the stock paid a dividend of $3, the return on the stock was
A. ?20 percent B. ?1 percent C. ?3 percent D. ?14 percent
A machine is used in a production process. From past data, it is known that 97% of the time the machine is set up correctly. Furthermore, it is known that if the machine is set up correctly, it produces 95% acceptable (non-defective) items. However, when it is set up incorrectly, it produces only 40% acceptable items. a.An item from the production line is selected. What is the probability that the selected item is non-defective?b.Given that the selected item is non-defective, what is the probability that the machine is set up correctly?
What will be an ideal response?
Identify a policy under which an employer refuses to hire or terminates a worker whose spouse works at a competing firm.
A. Antitrust policy B. Anti-nepotism policy C. Conflict-of-interest policy D. Affirmative action policy
Which of the following casts corporate practitioners in the role of serving as liaisons between their corporations and governmental units?
A. Public affairs D. Issues management B. Lobbying E. Development C. Marketing