An organization's culture supports the belief that profits can be increased by cost cutting and that the company's best interests are served by achieving slow but steady increases in quarterly earnings. What is the nature of the programs that the organization's managers are likely to follow?
A. short-term
B. risky
C. innovative
D. expansionary
Answer: A
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Joe paid $70 for utilities for his office. This transaction increases Cash and Utilities Expense
Indicate whether the statement is true or false
You are preparing an outline for your report on Web security in the workplace. Which of the following should be a major category for this outline?
A) Spam B) Web Security Threats C) Phishing D) Adware and Spyware
Let A and B be the events of the FDA approving and rejecting a new drug to treat hypertension, respectively. The events A and B are:
a. independent b. conditional c. unilateral d. mutually exclusive
Which of the following statements is FALSE?
A) From an accounting perspective, dividends generally reduce the firm's current (or accumulated) retained earnings. B) The way a firm chooses between paying dividends and retaining earnings is referred to as its payout policy. C) Most companies that pay dividends pay them semiannually. D) Occasionally, a firm may pay a one-time, special dividend that is usually much larger than a regular dividend.