Limited liability companies, limited liability partnerships, limited partnerships, general partnerships, sole proprietorships and S corporations all have flow-through income and loss provisions for tax purposes
Indicate whether the statement is true or false
True
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In 2017, it came to light that in order to meet its demanding profit target, Wells Fargo put such pressure on its employees to hit sales quotas that many employees responded by fraudulently opening customer accounts. Wells Fargo's ethical lapses are NOT a good example of
A. how, within the boundaries of a social contract, local cultures or groups can specify what additional actions may or may not be ethically permissible. B. how certain universal ethical principles apply in those situations where all societies-those endowed with rationality and moral knowledge-have a common moral agreement on what is right and wrong. C. how universal ethical norms always take precedence over local ethical norms. D. how universal ethical principles or norms leave some "moral free space" for the people in a particular country (or local culture or even a company) to make specific interpretations of what other actions may or may not be permissible within the bounds defined by universal ethical principles. E. how local ethical norms always take precedence over universal ethical norms.
The best way to ship a large shipment of coal (which is a heavy and bulky good) from Pennsylvania to California at a relatively low cost would be to use
A. air. B. water. C. a pipeline. D. trucks. E. rail.
The raw materials inventory turnover ratio is raw materials purchased divided by the average raw materials inventory.
Answer the following statement true (T) or false (F)
To help guide companies in their corporate responsibility efforts, the ________________ drew upon several diplomatic human rights and sustainability documents when crafting its list of “Ten Principles” that companies can use to guide their corporate responsibility initiatives.
a. United States Global Roundtable b. United Nations Global Compact c. Sustainability Focus Coalition d. The UN Corporate Responsibility Compact