Despite the importance of_____in early America, it took nearly 200 years for the Supreme Court to render rulings that addressed it as an aspect of the Bill of Rights
a. privacy b. freedom
c. anonymity d. rights
c
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Which of the following is/are not true?
a. U.S. GAAP and IFRS require firms to recognize the cost of retirement benefits (pensions, health care, life insurance) as an expense while employees work, not when they receive payments or other benefits during retirement. b. Employers often contribute cash to a trust, an entity administered by the employer, to fund their retirement obligations. c. The accounting records of the trust established to fund the retirement obligations are separate from the accounting records of the employer, and the amounts on the two sets of books usually differ. d. Payments to employees come from both the employer's contributions and investment returns of the trust established to fund the retirement obligations. e. all of the above
A firm's cash position would most likely be helped by
A) more liberal credit policies for their customers. B) holding larger inventories. C) delaying payment of accounts payable. D) purchasing land for investment purposes.
Downsizing in organizations refers to the
A) planned elimination of positions or jobs. B) decrease in product volume and variety. C) transition from corporate equity to corporate debt. D) sale of less efficient operating units. E) decrease in the use of organizational resources.
Provide the definitions for the following terms: Open corporation Closed corporation Domestic corporation Foreign corporation
What will be an ideal response?