Discuss the advantages and disadvantages, along with the ethical implications, of outsourcing.
What will be an ideal response?
Outsourcing can save an organization money, both directly, by utilizing labor in parts of the world with lower standards of living but also by reducing the cost of HR within the company. On the other hand, outsourcing can lead to both quality control issues and bad PR. The resulting job loss at home is also an ethical concern to consider. Companies also have a fiduciary duty to do what is best for their shareholders.
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The cumulative effect of the declaration and payment of a cash dividend on a company's financial statements is to
a. decrease total liabilities and stockholders' equity. b. increase total expenses and total liabilities c. increase total assets and stockholders' equity d. decrease total assets and stockholders' equity
Step costs
A) remain the same within the relevant range B) have an increased fixed component at specified intervals C) increase in direct proportion to increases in output D) none of the answers are correct
Which of the following is an example of trade advertising?
A. James, a doctor, places an ad in a local newspaper to advertise his new clinic. B. CL Inc., a chocolate manufacturer, hopes to attract wholesalers and retailers by placing an ad in NextMag, a weekly hotel magazine. C. Mars Inc. is using print advertising to attract supply managers from other companies. D. The State Egg Federation runs a series of television ads that educate people about the nutritional value of eggs. E. Pluto Inc., a toothpaste manufacturer, places an ad in Tooth Daily, a magazine frequently circulated among dentists.
Penalties for aiding or assisting in the preparation of false tax returns are limited to one penalty per taxpayer per tax year
Indicate whether the statement is true or false