Jason, a computer programmer who often spends long periods of time working alone, is nervous about his company’s annual meeting. His work environment has caused distance and disconnection from the rest of the group. Which type of organizational culture does this scenario exemplify?
A. clan
B. fragmented
C. mercenary
D. communal
B. fragmented
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The underlying thesis of ethical relativism DOES NOT imply that
A. in a multinational company, application of ethical relativism equates to multiple sets of ethical standards. B. a company that adopts the principle of ethical relativism and holds company personnel to local ethical standards necessarily assumes that what prevails as local morality is an adequate guide to ethical behavior. C. when there are cross-country or cross-cultural differences in ethical standards, it is appropriate for ethical standards in a company's home market to take precedence over what the local ethical standards may be. D. according to the ethical relativism school of thinking, a "one-size-fits-all" template for judging the ethical appropriateness of business actions and the behaviors of company personnel does not exist. E. there are few absolutes when it comes to business ethics and thus few ethical absolutes for consistently judging a company's conduct in various countries and markets.
Deemer Corporation has an activity-based costing system with three activity cost pools--Processing, Supervising, and Other. In the first stage allocations, costs in the two overhead accounts, equipment expense and indirect labor, are allocated to the three activity cost pools based on resource consumption. Data used in the first stage allocations follow:Overhead costs:Equipment expense$73,000?Indirect labor$6900?Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools ProcessingSupervisingOtherEquipment expense0.40?0.40?0.20?Indirect labor0.40?0.50?0.10?Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not
assigned to products. Activity data for the company's two products follow:Activity: MHs (Processing)Batches (Supervising)Product F610,900?920?Product X01780?1430?Total12,680?2350??The activity rate for the Supervising activity cost pool under activity-based costing is closest to: A. $9.19 per batch B. $13.89 per batch C. $34.00 per batch D. $4.60 per batch
Mark a calendar year taxpayer, purchased an annuity for $50,000 in 2015 . The annuity was to pay him $3,000 on the first day of each year, beginning in 2015, for the remainder of his life. Mark's life expectancy at the time he purchased the annuity was 20 years. In 2017 Mark developed a deadly disease, and doctors estimated that he would live for no more than 24 months
a. If Mark dies in 2018, a loss can be claimed on his final return for his unrecovered cost of the annuity. b. If Mark dies in 2018, his returns for the two previous years can be amended to allocate the entire cost of the annuity to the years in which he received payments and reported gross income. c. If Mark is still alive at the end of 2017, he is not required to recognize any gross income because of his terminal illness. d. If Mark is still alive in 2037, his recovery of capital for that year is $500. e. None of these.
Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. [Money | Inflation] is the common denominator for gauging all financial transactions.