Management's duty to have a rational business purpose, avoid illegal behavior, and make informed decisions refers to its?
A)?duty of care
B)?duty of loyalty.
C)?duty of openness.
D)?duty of fairness.
A
You might also like to view...
CRM is built on two primary metrics: lifetime value of customers and data mining
Indicate whether the statement is true or false
The wages of which of the following employees would not be included in the product cost for a manufacturer of custom-built home cooking appliances?
a. shipping clerk b. appliance body welder c. factory janitor d. shop floor supervisor
Paris, Inc. holds 100 percent of the common stock of Stockholm Company, an investment acquired for $520,000. Immediately following the combination, Paris's net assets have a book value of $900,000 and a fair value of $1,050,000. The book and fair value of Stockholm's net assets on the date of combination are $350,000 and $425,000, respectively. Immediately following the combination, a consolidated balance sheet is prepared.Based on the information given above, what will be the amount of net assets reported in the consolidated balance sheet?
A. $1,420,000 B. $900,000 C. $1,250,000 D. $1,325,000
The coefficient of multiple determination is adjusted for the number of dependent variables and the sample size to account for diminishing returns
Indicate whether the statement is true or false