What choice best describes the survivor syndrome?
a. A feeling of responsibility and commitment to carry the organization forward
b. Understanding of the reasons for the change and feeling that the change had been fairly carried out
c. A sense of relief and appreciation that one was kept when others were let go
d. The reaction of poorly handled change, including lower motivation, guilt, and increased stress
d. The reaction of poorly handled change, including lower motivation, guilt, and increased stress
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The intent of the Sarbanes-Oxley Act of 2002 is to:
a. protect investors by improving the accuracy and reliability of corporate disclosures b. establish who is responsible for financial reporting c. strengthen internal control d. All of the above
The statement of stockholders' equity for Jutras Corporation shows an increase in the Common Stock account of $8,000, an increase in Additional Paid-in Capital--Common in the amount of $22,000, and an increase in Retained Earnings of $50,000 . If the stock has a par value of $3 and dividends of $10,000 were declared and paid during the year, what is the amount of net income for the year?
a. $40,000 b. $50,000 c. $60,000 d. $90,000
A formal request for a purchase from a requesting department of a business is known as a purchase order
Indicate whether the statement is true or false
In 1914, the federal government, through the Federal Trade Commission, first ruled misleading or blatantly phony labels were illegal and represented unfair competition. This demonstrates a ________ requirement of labeling.
A. legal B. industry C. customer D. aesthetic E. marketing