Which of the following statements is not true about trading on the equity?

a. It can become a disadvantage to a corporation.
b. It is another phrase for financial leverage.
c. It will increase the number of shares of stock owned.
d. It will increase the interest a corporation must pay.


C

Business

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The entry to close operating expenses includes

a. debiting Operating Expenses. b. debiting Income Summary. c. debiting Retained Earnings. d. debiting Cost of Goods Sold.

Business

Joseph is hiring a doctor to work in one of Acme Global’s field offices. The doctor may have to perform complicated surgeries from time to time. Joseph can test each candidate’s abilities using a(n) ______, all without risking the life of a real patient.

A. work sample B. cognitive test C. integrity test D. simulation

Business

Changing Organizational Culture (Scenario)Mary has been asked by the company president to change the organizational culture to reflect the company's new organizational goals. As executive vice president, she certainly understands the goals, but is really not sure that she understands what to do about the culture.Which of the following would make Mary realize that the company has a strong culture?

A. values are limited to the top management B. culture sends contradictory messages about what is important C. most employees are aware of company history D. shared values and behaviors are not connected

Business

Which of the following statements is true regarding the characteristics of good information?

A) Information needs to be more than just barely sufficient for the purpose for which it is generated. B) Information must hold an appropriate relationship between its cost and value. C) Accurate information can be based on incomplete data. D) Good information is just recorded facts and figures.

Business