The International Monetary Fund is an organization of ________ countries that promotes international monetary cooperation and provides member countries with policy advice, temporary loans, and technical assistance to establish and maintain financial stability and to strengthen economies.
A. 193
B. 172
C. 160
D. 185
Answer: D
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The capital account balances of a partnership are as follows: Marla, $48,000; Newby, $48,000; and Otis, $48,000 . If Newby retires and receives $50,000 cash from the partnership, the entry to record this transaction would include a
a. debit to Newby Capital, $50,000; b. debit to Newby Capital, $48,000; c. debit to Loss on Partner Retirement, $2,000; d. credit to Newby Capital, $50,000; e. none of these.
The defenders of the sustainability approach toward corporate social responsibility (CSR) point out that ________.
A. businesses' sole social responsibility is to fulfill the economic functions they were designed to serve B. all economic activity exists within a biosphere that supports all life C. people have a strong ethical duty to cause no harm, and only a prima facie duty to prevent harm D. the success of a business must be judged only against profitability
Which of the following statements is true regarding cross subsidies?
A) They occur when factory workers are trained to work on many different machines. B) They occur when high-volume products are assigned more than their fair share of overhead costs. C) They occur when high-volume products have more direct material and direct labor costs than overhead costs. D) They occur when more than one cost driver can be determined for a particular overhead cost item.
Answer the following statement(s) true (T) or false (F)
1. Training is primarily intended for immediate use by the individual being trained. 2. Employee development is primarily intended for immediate use by the individual being trained. 3. Employee development is aimed at improving communication and decision-making skills in managerial and professional employees. 4. Newcomer socialization done effectively during orientation decreases employee job satisfaction and performance. 5. Many organizations could significantly reduce their turnover by modestly increasing the orientation period for new hires.