A sole proprietorship is a form of business ownership in which:

-two or more people act as co-owners of the company.

-the company is considered a legal entity that is separate from its owners.

-the owners of the business are offered limited liability and flexible tax treatment.

-a single owner actively manages the company.


-a single owner actively manages the company.

Business

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Stacy has recently been promoted to a leadership position in her company. One third of her team is female, and two-thirds are male. She has heard several comments questioning the reasons that she was put in this role from a few male team members. Finally, one of the male team members has openly and directly refused one of her requests. Stacy should probably ______.a. try to be collaborative b. try to be understanding c. be firm and forceful d. fire him

a. try to be collaborative b. try to be understanding c. be firm and forceful d. fire him

Business

An employer hears rumors among his staff that one of the female employees in his company is receiving unwanted advances from a coworker, but he never witnesses this publicly. Later, the woman resigns and seeks legal recourse for the harassment. Who is legally liable?

a. the harasser and the employer b. the harasser only c. the employer only d. no one, unless a jury decides it is so

Business

Consolidation among fuel providers serving airport facilities is viewed in the five forces model of competition as a(n):

A. reduction of the airlines' ability to benefit from economies of scale. B. increase in switching costs because the airlines have no choice but to use jet fuel and other oil products. C. increase in the bargaining power of suppliers of a critical input. D. increase in the intensity of rivalry among airlines for scarce resources.

Business

Answer the following statements true (T) or false (F)

Intraperiod and intrastatement allocation both refer to showing income statement items such as extraordinary items and changes in accounting principle net of the tax effect.

Business