Which of the following statements is true ofcontingency planning?

A. It involves planning for a five-year time frame.
B. It solely considers factors of the internal business environment.
C. It focuses solely on the issues that are most probable, most potentially harmful, or both.
D. It applies tactical plans to daily, weekly, and monthly operations.


Answer: C

Business

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A mixed cost has both fixed and variable elements

Indicate whether the statement is true or false

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Richard Bell, an organized crime boss and casino owner, has made a lot of money with his illegal drug operations and illegal gambling. He stashes away most of this drug money in personal lockers

In order to make it look like he earned it legitimately, Richard hired crooks to take the drug money and spend it in Richard's casinos in discreet amounts. The crooks are supposed to lose the money on purpose so that the casino can claim this as winnings. The crooks are then paid a small amount for their services. What crime is Richard committing in converting his drug money to alleged legal money? A) misappropriation B) embezzlement C) money laundering D) extortion

Business

When it comes to the use of camera surveillance, few federal laws protect workers from being watched.

Answer the following statement true (T) or false (F)

Business

Which of the following is true of a stock split and a stock dividend?

A) A stock split will increase total stockholders' equity, but a stock dividend will not. B) Neither a stock split nor a stock dividend will increase total stockholders' equity. C) A stock dividend will increase total stockholders' equity, but a stock split will not. D) A stock split will decrease retained earnings, but a stock dividend will not.

Business