Pricing to achieve profit maximization always leads to high prices.
Answer the following statement true (T) or false (F)
False
Profit maximization objectives can be socially responsible, and pricing to achieve profit maximization doesn't always lead to high prices.
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The Dinho Corporation identified the following data when preparing their April bank reconciliation: Bank statement balance $45,000 Dinho's book balance (before adjustments) ? Outstanding checks 4,500 NSF checks 1,400 Service charges 300 Deposits in transit 5,000 Interest earned on checking account 25 In addition, Dinho incorrectly recorded a deposit in its books in the amount of $1,000 . The
correct amount was recorded by the bank as $1,200. What is the adjusted cash balance at the end of April? a. $44,300 b. $45,500 c. $45,000 d. $45,700
Which of the following statements about ethics is accurate?
A. Business ethics exempts commercial enterprises from the same ethical standards as personal ethics. B. Ethics is not concerned with whether an act is socially desirable. C. Ethics is the study which aims to correct inappropriate behaviour in public corporations. D. Ethics assists individuals in deciding when an act is moral or immoral.
An insider is a person, such as a corporate officer, director, or majority shareholder, who has access to material nonpublic information about a company or the securities market
Indicate whether the statement is true or false
You are asked on a job application why you left your previous position. What is the best response to this question?
A) Confidential B) To accept a position with more responsibility C) For personal reasons D) Didn't get along with coworkers