According to the view that New Allied Manufacturing Corporation is a "citizen," New Allied is expected to
A)?participate in bettering communities and society

B)?primarily generate revenue for its owners.
C)?have no responsibility other than profit maximization.
D)?efficiently allocate scarce resources.


A

Business

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The most straight-forward method of assigning service department costs to revenue-producing areas is the direct method

Indicate whether the statement is true or false

Business

Please refer to the following list of liability balances. Accounts payable $12,000 Employee income tax payable 190 Interest payable 1,300 Estimated warranty payable 2,600 Long-term notes payable 32,000 FICA tax payable 590 Sales tax payable 370 Long-term notes payable 4,000 Bond payable 50,000 Current portion of long-term notes payable 2,000 What is the total amount of long-term liabilities?

A) $88,000 B) $86,000 C) $84,000 D) $54,000

Business

Which of the following is typically NOT true of work teams?

a. While the concept of work teams has been widely used in the U.S. for some time, it has also gained significant support in other countries. b. Work teams can help firms to become globally competitive. c. Employees in a self-directed work team handle a wide array of functions and work with a minimum of direct supervision. d. Work team members typically set their own goals without management input and plan how to work to achieve those goals.

Business

How much information a federal agency can keep and maintain concerning a U.S. citizen is governed by:

A) Due Process. B) Equal Protection. C) Privacy Act. D) Access to Justice Act.

Business