Which of the following forms the base of Carroll’s global corporate social responsibility pyramid?
a. Philanthropic responsibility
b. Economic responsibility
c. Ethical responsibility
d. Moral responsibility
e. Legal responsibility
b. Economic responsibility
Economic responsibility is at the bottom of Carroll’s global corporate social responsibility pyramid.
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Land and a building on the land are purchased for $336,000 . The appraised values of the land and building are $60,000 and $300,000, respectively. The cost allocated to the building should be
a. $28,000. b. $122,000. c. $150,000. d. $280,000.
A company performs the aging of accounts receivable calculation and arrives at an estimate for uncollectible accounts of $900. If Allowance for Uncollectible Accounts has a debit balance of $200 prior to the year-end adjustment, for how much should the adjustment be journalized?
A) $200 B) $700 C) $900 D) $1,100
Spice Corp. wants to acquire all the assets of Sugar Corp. Spice plans to pay for the assets by issuing its own corporate stock. Spice's board of directors has already approved the merger. In what circumstances would the approval of Spice's shareholders be required for this merger? Is the approval of Sugar's shareholders necessary? Explain.
What will be an ideal response?
Tanner says in the presence of three other people that he is giving his automobile to his niece, and then hands the keys to the car to the niece. Delivery of the auto has taken place
Indicate whether the statement is true or false