The European Commission has jurisdiction over European-based companies as well as non-European ones that generate significant revenues in Europe. If Microsoft applies in Europe, the Commission has a right to all of the following except:
A) it can block a proposed merger.
B) it can block a proposed joint venture.
C) it can approve with minor modifications.
D) it can demand substantial concessions before granting approval.
E) it can refer serious matters to the UN Security Council.
E
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The comparative balance sheets of Midnite Corp for 2015 and 2014 indicate that short-term trade notes receivable increased from $5,000 in 2014 to $75,000 in 2015 . How will this change be reported on Midnite's statement of cash flows, if Midnite uses the indirect method?
a. It will be included in the amount of cash and cash equivalents at the end of 2015. b. It will be reported as a deduction from net income in the operating activities section. c. It will be reported as a cash outflow in the investing activities section. d. It will be added to net income in the operating activities section.
Volunteer work should never be included on a résumé to cover periods of unemployment
Indicate whether the statement is true or false.
Underapplied factory overhead would result if:
a. Factory overhead costs incurred were greater than standard costs charged to production. b. The plant was operated at less than normal capacity. c. Factory overhead costs incurred were less than standard costs charged to production. d. Factory overhead costs incurred were unreasonably large in relation to units produced.
According to theorists James O’Toole and Warren Bennis, what long-held metric for manager success needs to be updated?
a. providing quality goods or services for the market b. ensuring strict discipline c. creating wealth for shareholders d. preventing company collapse