To operate ethically, teams should represent the organization's view, respect its privileged information, and ________.?
A) ?avoid advocating actions that would negatively affect members of society
B) ?keep company profit and revenue as their primary focus
C) ?discuss opinions and problems outside of formal team meetings
D) ?limit team size to five or fewer members
A
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Adam, Bill, and Charlie are partners. The profit and loss sharing rule between them is 2:5:3, with Bill getting the largest share and Adam receiving the smallest. The partnership incurs a net loss of $21,000. While closing the Income Summary ________. (Do not round any intermediate calculations.)
A) Income Summary will be credited for $6300 B) Adam, Capital will be debited for $6300 C) Adam, Capital will be credited for $6300 D) Charlie, Capital will be debited for $6300
Financial resources are the only kind of resource a new venture needs.
Answer the following statement true (T) or false (F)
Assets are economic resources with the potential to provide future economic benefits to a firm
Indicate whether the statement is true or false
What phrase explains how a requirements contract can be valid?
a. "will buy 100 percent of output" b. "willing to accept the entire quantity" c. "no consideration needed" d. "in good faith"