What can be surmised from the existence of the Sarbanes-Oxley Act?
a. There are sometimes legal requirements with respect to having a code of ethics.
b. Companies without codes of ethics are bound to violate the law.
c. Federal law requires that every company have a written code of ethics.
d. The federal government has dictated the content of codes of ethics for many
companies.
a. There are sometimes legal requirements with respect to having a code of ethics.
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The employees' union and the management at Rex Inc. enter into a contract, which requires Rex to improve its facilities and ensure the safety of its employees. However, a few months later, the employees observe that the conditions have remained the same and that management has not taken any steps to revamp its systems. As a result, the union files a case against Rex for violating the terms of their contract. In order to resolve this issue, the union and Rex will both have to participate in a process for resolving conflicts, known as
A. lockout protocols. B. the unionship arrangement. C. the chain of command. D. right-to-work laws. E. the grievance procedure.
Identify the account used by businesses to record the transfer of assets from a business to its stockholders:
A. An expense account. B. The Common stock account. C. The Dividends account. D. A liability account. E. A revenue account.
Jackson Company had a net increase in cash from operating activities of $9800 and a net decrease in cash from financing activities of $3700. If the beginning and ending cash balances for the company were $4800 and $14,600, what was the net cash change from investing activities?
A. Zero. B. An inflow or increase of $3700. C. An inflow or increase of $1100. D. An outflow or decrease of $3700.
Which of the following is a logistics activity that involves developing and implementing a process to ensure the firm always has sufficient goods available to meet customers' demands--no more and no less?
A) materials handling B) inventory control C) supply chain supervision D) order processing E) distribution implementation