What is a faulty or invalid reason why a company's strategy should be ethical?
A. An unethical strategy reflects badly on the character of the company personnel involved.
B. Customers shun companies known for their shady behavior and ethically upstanding company personnel are repulsed by a work environment where unethical behavior is condoned.
C. A strategy that is unethical in whole or in part is morally wrong.
D. An ethical strategy is in the self-interest of shareholders, partly because an unethical strategy can damage a company's reputation and partly because unethical behavior can be very costly in terms of fines and penalties.
E. Senior executives fear public embarrassment and disciplinary action if caught doing something perceived as unethical.
Answer: E
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Mighty Mixers, a cement company, receives more than $2,000 in federal money. The company hires employees belonging to the age group of 25 to 40. Soon after, Mighty Mixers is charged for violation of law under the Davis-Bacon Act of 1931 and the Walsh-Healy Public Contracts Act of 1936. Which of the following would most likely explain the reason for the company being sued?
A. Employees below the age of 25 are not being hired by the company. B. The employees of the company are not being paid at rates at least equal to the prevailing wages in the area. C. Individuals eligible for overtime are being paid at one and a half times the employee's regular pay rate. D. The company hired employees belonging to the age group of 25 to 40, and they are being employed in hazardous environments. E. Cement industry employees are being paid only 15 percent above the minimum wage.
All life forms currently have a basic cell membrane so we hypothesize that the earliest cells also had membranes. It is likely that the primordial environment was acidic. In order for a cell to function in this type of environment, the cell membrane would have to include
A. a totally nonpermeable membrane. B. a sodium (Na+) pump. C. mitochondria underneath in order to provide energy for active transport. D. a proton (H+) pump. E. an acid-proof cell wall.
Which of the following statements is true about a journal entry?
a. Decreases in liabilities are indented. b. The Post. Ref. column is left blank until entries are posted. c. A line is skipped between each debit and each credit. d. Assets are entered before liabilities.
A foreign key is not a unique identifier.
Answer the following statement true (T) or false (F)