Describe the philosophy of noted economist, Milton Friedman, on the issue of "free market ethics."
Friedman held that it is wrong for managers to use corporate resources to deal with problems in society at large. Decisions regarding such social problems should be addressed by governments in the political arena and funded by tax dollars. A decision by corporate managers to aid society is, in effect, theft of stockholders' resources.
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One member of a company's audit committee must be an independent CPA
Indicate whether the statement is true or false
Alex is working on a report and has reached Phase 2 of the 3-x-3 writing process. What question should he ask while collecting information during this second phase?
A) What does the receiver need to know about the topic? B) What is the receiver to do and how is the receiver to do it? C) When must the receiver do it? D) Alex should ask all of these questions.
[The following information applies to the questions displayed below.] Glasgow Enterprises started the period with 80 units in beginning inventory that cost $7.50 each. During the period, the company purchased inventory items as follows:PurchaseNo. of ItemsCost1 200 $9.00 2 150 $9.30 3 50 $10.50 Glasgow sold 220 units after purchase 3 for $17.00 each. What is Glasgow's cost of goods sold under FIFO?
A. $2,310 B. $1,650 C. $2,100 D. $1,860
What is the 5-year resume?
a. a resume that dates back only 5 years for job history b. a resume that includes 5 years of information for an individual c. a hypothetical resume 5 years in the future d. a resume that highlights 5 years of activities