Which of the following is true of broad bands?
A. More use of broad brands, the less use of delayering in a firm.
B. Broad bands with smaller range spread permit managers to recognize high performance with high pay.
C. Broad bands with greater range spread give rise to lower labor costs.
D. More use of broad brands, the less opportunity for promotions.
E. Broad bands with greater range spread lead to weaker budgetary control.
Answer: E
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Which of the following properly represents the preparation of the statement of cash flows prepared using IFRS rules?
A. The flexibility provided under IFRS guidance for the preparation of the statement of cash flows increases the comparability of results between companies. B. Firms using the direct method are not required to provide a reconciliation of net income to cash flows from operations. C. The presentation of the statement of cash flows is the same for all companies preparing statements under IFRS. D. The presentation of the statement of cash flows differs to those following U.S. GAAP as a result of prescribed classification differences under IFRS.
______ error occurs when the rater gives better evaluations to subordinates whom they consider to be like themselves.
A. Leniency B. Severity or strictness C. Similarity D. Proximity
____________________ conferencing allows attendees to use their computers to access an online, virtual meeting room where they can present PowerPoint slides, share spreadsheets and Word documents, demonstrate products, and interact with participants in real time
Fill in the blank(s) with correct word
Lu Lu's Catering has a debt ratio equal to .3 and its competitor, Able's Bakery, has a debt ratio equal to .7. Determine the statement below that is correct.
A. Lu Lu's has a higher risk from its financial leverage. B. Higher financial leverage involves lower risk. C. Able's Bakery's financial leverage is greater than Lu Lu's. D. Able's Bakery's financial leverage is less than Lu Lu's. E. Able's Bakery has a smaller percentage of its assets financed with liabilities as compared to Lu Lu's.