According to Michael Porter, a company should not undertake a corporate social responsibility project unless
a. it is profitable for the company in its own right.
b. it improves the company's reputation.
c. it truly makes a difference in the world.
d. it is absolutely necessary to do business.
a
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A company's five-day weekly payroll of $890 is paid on Fridays. Assume that the last day of the month falls on Tuesday. Which of the following is the required adjusting entry for the month end?
A) Debit Salaries Payable $534 and credit Salaries Expense $534. B) Debit Salaries Expense $534 and credit Salaries Payable $534. C) Debit Unpaid Salaries $356 and credit Salaries Payable $356. D) Debit Salaries Expense $356 and credit Salaries Payable $356.
What is the distinguishing characteristic that makes a contract a formal contract?
A) A legal requirement that the contract be in a specific form B) A signature by both parties C) All possible scenarios addressed in the contract terms D) The contract being in writing
Wall-to-wall carpeting in a residence is a fixture
Indicate whether the statement is true or false
Accountants are usually authorized to approve sales orders in a sales process that does not use SAP
Indicate whether the statement is true or false