The amount of net income is transferred from ________ to ________

A) the income statement; the statement of retained earnings
B) the balance sheet; the statement of cash flows
C) the balance sheet; the income statement
D) the income statement; the statement of expenditures


A

Business

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Which of the following is a potential disadvantage of division of labor?

A. Slower response to environmental changes B. Organizational flexibility C. Decreased potential for conflict, both constructive and destructive D. Greater isolation of employees E. All of these are potential disadvantages of division of labor.

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Prospects are likely to use past performance of a company to evaluate the quality of the current product offering

Indicate whether the statement is true or false

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

1. The consumer “bill of rights” includes the right to safety, the right to remain silent, the right to choose, and the right to be informed. 2. OSHA established and enforces workplace safety standards. 3. OSHA inspectors are not permitted to make unannounced inspections of the workplace. All visits must be scheduled at least one month in advance. 4. The EEOC enforces the Civil Rights Act by filing legal charges against employers that discriminate in employment. 5. Sexual harassment, as defined by the EEOC, must involve unwanted touching of a sexual nature.

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Rally Speedboat Corporation refuses to sell its products to Super Weekends, Inc., a recreational water products dealership. This is

A. a group boycott. B. a horizontal market division. C. attempted monopolization. D. a unilateral refusal to deal.

Business