Executives at Macromix have initiated a diversity skills training program to educate employees about the importance of diversity at the workplace. Which of the following should be the first step to be implemented in the program?
A. making employees aware of the assumptions and biases they may have
B. teaching people specific skills on how to communicate effectively with their fellow employees
C. increasing employees' sensitivity and openness to those who are different from them
D. training employees on how to work effectively in a diverse work environment
Answer: A
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A) gross profit B) net sales revenue C) cost of goods sold D) net income
When a parent retires completely and turns the firm over to a son or daughter, the firm ceases to be a family business.
Answer the following statement true (T) or false (F)
For available-for-sale equity securities, the Allowance to Adjust Long-Term Investments to Market account should be reported as a(n)
A) realized loss item on the income statement. B) prior period adjustment. C) contra-asset on the balance sheet. D) other comprehensive income (loss)
Which of the following statements is true about child labor?
A. Research suggests that legalizing child labor will result in an increased number of children who work. B. Nation-specific studies show that high levels of child labor are associated with high literacy levels. C. Regions with a high prevalence of child labor are characterized by low levels of childhood morbidity associated with HIV/AIDS and malaria. D. The risk that child labor will be passed on to the next generation increases because children who work are more likely to earn low wages as adults.