Treasury stock
a. purchases can be a severe drain on cash.
b. may be preferred stock.
c. reduces the assets of a company.
d. are all of these.
d
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Westin Delivery Service Company owns a delivery truck. Which of the following costs, associated with the truck, will be treated as a revenue expenditure?
A) oil change and lubrication B) major engine overhaul C) modification for new use D) addition to storage capacity
Starting in the 1970s and 1980s, companies began to consider minority rights, consumer rights, and social issues. Why did this occur?
A) heightened public and media awareness B) greater government subsidies for doing so C) pressure from state regulators D) increased competition from overseas
Wayne worked in an office. He had no criminal record, had never had a complaint made against him about his work or his conduct, and had been a faithful employee for nearly 20 years. One day, Wayne followed his supervisor to his home and fatally shot him. The estate of the supervisor sued the company, claiming it should have been aware of Wayne's growing frustration with work. The company's best defense will be that
A. there was no way to foresee that the incident would happen. B. the incident occurred away from the office. C. the killing was the result of a personal conflict between Wayne and the supervisor. D. even if the company had been aware of Wayne's difficulty with his supervisor, Wayne did not have any criminal history.
If a scattergraph contains points that do not fall in a perfect line:
A. this is an indication that there is no relationship whatsoever between the variables. B. the visual fit method and high-low methods should not be used, but least-squares regression can be used. C. the relationship between the variables is not good enough to warrant fitting a line to the data. D. a straight line can still be used to approximate the relationship if a general linear trend can be discerned.