Which of the following is a component of the political/legal environment of a country?
A. norms, customs, and taboos
B. attitudes toward multinational companies
C. stage of economic development
D. employment rate and occupation distribution
E. ethics and moral standards
Answer: B
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The accuracy of information included in footnotes accompanying the audited financial statements issued by a company whose shares are traded on a stock exchange is the primary responsibility of:
A. the independent auditor. B. the securities and exchange commission. C. the company's management. D. the stock exchange officials.
Alyssa shies away from using the direct organizational approach in her request messages to coworkers, as she feels it is rude and inconsiderate to blurt her request out at the start of a message. Do you agree?
What will be an ideal response?
Roberto and Reagan are both 25-percent owner/managers for Bright Light Inc. Roberto runs the retail store in Sacramento, CA, and Reagan runs the retail store in San Francisco, CA. Bright Light Inc. generated a $125,000 profit companywide made up of a $75,000 profit from the Sacramento store, a ($25,000) loss from the San Francisco store, and a combined $75,000 profit from the remaining stores. If Bright Light Inc. is an S corporation, how much income will be allocated to Roberto?
A. $75,000 B. $62,500 C. $125,000 D. $31,250
Cameron is an accountant in the accounting department of Data Analytics Company. Cameron's son's college tuition is due within a week, or he cannot continue taking classes. To meet the due date, Cameron transfers funds from Data Analytics to a
fictitious bank account, planning to repay the firm within one month. The transfer is discovered before the firm is re-paid, and Cameron is arrested. What crime, or crimes, if any, has Cameron committed?