When the manufacturing department cut waste by 10%, the organization paid each member of the department $500 (a portion of the savings) as a part of the organization’s ______ program.
A. profit sharing
B. gainsharing
C. employee stock ownership plan
D. stock option
B. gainsharing
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The income statement is also known as the profit and loss statement.
Answer the following statement true (T) or false (F)
Which capital budgeting method uses accrual accounting, rather than net cash inflows, as a basis for calculations?
A) payback B) accounting rate of return C) net present value D) internal rate of return
Larry has owned $5,000 of stock in E-prise, Inc for the past 18 months. Under SEC rules, Larry can require that one proposal be placed in the company's proxy statement to be voted on at the shareholder meeting
a. True b. False Indicate whether the statement is true or false
Accredited investors often buy private placement securities through Regulation D offerings. The SEC must be informed of such offerings
a. True b. False Indicate whether the statement is true or false