________ reflects the tendency to arrive at work late or leave work early.
A. Moonlighting
B. Tardiness
C. Daydreaming
D. Socializing
E. Cyberloafing
Answer: B
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Howard Stringer, a native of the United Kingdom, is Chairman of:
A) Nissan Motor (Japan). B) Pearson PLC (Great Britain). C) Ford Motor Company (USA). D) Sony (Japan). E) Atlas Copco AB (Sweden).
Which of the following should not be included in an accountant's standard report based upon the compilation of an entity's financial statements?
A. A statement that the compilation was performed in accordance with standards established by the American Institute of CPAs. B. A statement that a compilation is limited to presenting, in the form of financial statements, information that is the representation of management. C. A statement that the accountant does not express an opinion but expresses only limited assurance on the financial statements. D. A statement that the accountant has not audited or reviewed the financial statements.
Answer the following statements true (T) or false (F)
1. In a limited liability partnership, each partner is not personally liable for the malpractice or negligence committed by another partner. 2. The income of a limited liability company cannot be taxed to the members as though they were partners. 3. An S corporation is a corporation with 100 or fewer stockholders that can elect to be taxed as a partnership. 4. If elected, an S corporation pays no corporate income tax.
Companies that do not include environmental costs into the cost of production ______.
A. have an advantage over those companies that do so B. may face serious problems in the long run C. are conscientious corporate citizens D. are likely to have high production costs