The difference between the debits and credits for each pair of columns in the Income Statement and Balance Sheet columns of the work sheet represents net income or net loss
Indicate whether the statement is true or false
T
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Which of the following is not considered an operating expense?
a. General office expenses b. Cost of goods sold c. Freight-out expense d. Advertising expense
Acme Global provides all employees with two paid days “off” to volunteer at local charities. The employees enjoy the time to give back to the community and the charities appreciate the extra help. It appears Acme Global is reaching the ________ level of corporate social responsibility.
A. legal B. ethical C. benevolent D. social
An organization employs a voice system to address the issues faced by its employees. The system takes 2 months to resolve their issues. Most employees are hesitant to use the system because it is a public system, not an anonymous one. They are also discouraged because of the time taken to resolve the issues. Which of the following statements is true about the voice system?
A. The voice system is responsive. B. The voice system lacks elegance. C. The voice system lacks correctness. D. The voice system is punitive.
Steve Brickson currently has an investment portfolio that contains four stocks with a total value equal to $80,000. The portfolio has a beta (?) equal to 1.4. In order to earn higher returns, Steve wants to invest an additional $20,000 in a stock that has ? equal to 2.4. After Steve adds the new stock to his portfolio, what will the portfolio's beta be?
A. ?1.6 B. ?1.8 C. ?1.9 D. ?2.0 E. ?2.1