The organization that promotes improvement in quality worldwide is called the International Organization for Standardization
Indicate whether the statement is true or false
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People who do not conform to a statute are sometimes considered to be negligent per se. This means that:
A. statutes can create the legal duty required to establish negligence. B. the defendant should be penalized even if the negligence did not cause the plaintiff any harm. C. not knowing about a statutory requirement is not as bad as intending to do something wrong. D. negligence and breaking a law should be penalized equally.
Carla heard from a client that a product similar to a popular one at her retail store was now at Walmart, imported from China, and costing just over half of her sales price. But Carla isn't really worried because she believes in her customers' loyalty, so she has no plans to make changes. Carla is practicing
A. relaxed change. B. defensive avoidance. C. postponed action. D. relaxed avoidance. E. delayed decision.
Upon review of Young's Garden Center statement of cash flows, the following was noted: Cash flows from operating activities $ 15,000 Cash flows from investing activities 80,000 Cash flows from financing activities (60,000) From this information, the most likely explanation is that Young's is
a. using cash from operations and selling long-term assets to pay back debt. b. using cash from operations and borrowing to purchase long-term assets. c. using its profits to expand growth. d. using cash from investors to provide for operations
Which of the following statements regarding Schedule M-1 is true?
A. Line 2 of schedule M-1 should reflect the corporation's actual federal income tax liability for the current year. B. A corporation incurring nondeductible fines and penalties would report those amounts on line 5 of Schedule M-1. C. The corporate dividends-received deduction is reported on Line 8 of Schedule M-1. D. A corporation realizing a current gain on a like-kind exchange that is deferred for tax purposes would not report that gain on Schedule M-1.