______ are a written set of guidelines that define acceptable and unacceptable behavior.
A. Mission statements
B. Core values
C. Codes of ethics
D. Reporting and communications systems
C. Codes of ethics
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The following information is available for Fenton Manufacturing Company at June 30: Cash in bank account$7255?Inventory of postage stamps$82?Money market fund balance$13,200?Petty cash balance$430?NSF checks from customers returned by bank$947?Postdated checks received from customers$591?Money orders$1057?A nine-month certificate of deposit maturing on December 31 of current year$8800??Based on this information, Fenton Manufacturing Company should report Cash and Cash Equivalents on June 30 of:
A. $21,914 B. $17,542 C. $21,832 D. $20,885 E. $21,942
Which of the following is true about the product sales force structure?
A) A product sales force structure is most appropriate for a company that manufactures a small number of simple products. B) In a product sales force structure, each salesperson is assigned to an exclusive geographic area and sells the company's full line of products or services to all customers in that territory. C) In a product sales force structure, salespersons specialize in only a particular product line as the company produces numerous and complex products. D) In a product sales force structure, a single salesperson can become an expert in all product categories. E) In a product sales force structure, specialization is highly discouraged.
A hybrid costing system would be appropriate for a company that manufactures cake flour
Indicate whether the statement is true or false
Which of the following is not true regarding agency theory?
a. It is also called contracting theory. b. Its underlying assumption is that individuals act in their own best self-interest. c. Few agency relationships between parties may be defined or governed by accounting numbers. d. It is concerned with the various costs of monitoring and enforcing relations among management, owners, creditors, and government.