Binary Corporation and Coda, Inc., two software firms, wish to combine their research and development capabilities to make a special, limited edition computer game. The appropriate legal entity for this project is most likely
A. a business trust.
B. a joint stock company.
C. a joint venture.
D. a syndicate.
Answer: C
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All of the following statements regarding a horizontal analysis are true except:
A) A horizontal analysis is used to compare an item in a current statement with the same item in prior statements. B) A horizontal analysis can be performed on a balance sheet and income statement, but not on a statement of cash flows. C) If Fees Earned in 2009 is $150,000 and Fees Earned in 2010 is $187,500, a horizontal analysis will indicate a 25% increase over this period. D) When two statement are compared in horizontal analysis, the earlier statement is used as the base for computing the amount and the percent of change.
Transforming core values and ethical standards into cultural norms NEVER involves
A. immediately dismissing any employee caught violating the company's code of ethics or disregarding core values. B. having senior executives frequently reiterate the importance and role of company values and ethical principles at company events and internal communications to employees. C. screening out job applicants who do not exhibit compatible character traits. D. periodically having ceremonial occasions to recognize individuals and groups who display the values and ethical principles. E. instituting procedures for enforcing ethical standards.
Antonio's small pasta firm is considering exporting. A Canadian grocery store chain with its corporate headquarters in Quebec has approached him. Which question would need to be answered in relation to the pasta company's management experience and resource objectives?
A. How are the initial expenses of expanding to Canada going to be covered? B. What international expertise does Antonio have, specifically does he speak French? C. Why does Antonio want to export to Canada? D. Will Canadian sales hurt USA sales?
When we consider data in the data warehouse to be time-variant, we mean:
A) that the time of storage varies. B) data in the warehouse contain a time dimension so that they may be used to study trends and changes. C) that there is a time delay between when data are posted and when we report on the data. D) that time is relative.