Which of the following capture complications in measuring a company's triple-bottom line performance?
A. Revenue and cost metrics do not capture the impact of CSR on the social/ environmental causes to which the company gives.
B. A company's profitability and financial performance is only weakly correlated with investments in CSR
C. Some companies don't have a business case approach to their CSR initiatives, and so, assessing financial metrics seems spurious.
D. There is no standard approach to measuring a company social and environmental performance.
E. All of the above capture measurement complexities.
E
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Which of the following can't be assessed by analyzing a company's deferred tax note to the financial statements?
A. The effective income tax rate. B. The impact of economic changes on deferred taxes. C. Future income tax expense. D. Earnings quality
Which of the following statements about accounting systems is incorrect?
a. An effective accounting system provides an audit trail that allows frauds to be discovered. b. An effective accounting system makes concealment difficult. c. An effective accounting system can effectively prevent "kickbacks." d. Without a good accounting system, it is often difficult to distinguish between actual fraud and unintentional error.
Marshland Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Cash dividends declared for the year$40,000Cash dividends payable at the beginning of the year 17,000Cash dividends payable at the end of the year 13,000The amount of cash paid for dividends was:
A. $40,000. B. $44,000. C. $36,000. D. $57,000. E. $53,000.
Calculate the standard deviation of the sample means