The GASB sets accounting standards for all of the following except:

A. Governmentally related not-for-profit universities.
B. Nongovernmental not-for-profit hospital.
C. Component units owned or controlled by governments.
D. State and local governments.


Answer: B

Business

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Intercom, Inc together with its subsidiaries, primarily engages in the generation, transmission, and distribution of electric power in the United States. The company observes that its growth has stagnated over a period of two years

In an attempt to promote growth, it considers adding new features to the existing products and introducing a few new products. The company forms a committee consisting of three top executives, one of the production mangers, a few operational managers, and a representative of the HR department to generate ideas. This team is called a(n) ________. A) virtual team B) venture team C) fundamental team D) elemental team E) transitory team

Business

Professor Smith is a faculty member at the local college. Often times, when she is in the staff workroom to make copies of exams for her classes, she hears male faculty members telling jokes of a sexual nature. Even though the jokes are not directed at Professor Smith and she is not involved directly in the conversation, she is a victim of which of the following?

A. the commodification of sex B. sexual envy C. political awareness D. sexual harassment

Business

Scenario - Barry MillerĀ 

? ?The promotion to first-line manager took place just six weeks ago for Barry Miller. He was well-qualified for the promotion, but the new job still required a lot of training. One of the challenges has been to coordinate his team's production with the needs of the sales department and with the availability of raw materials from his suppliers. Setting priorities and developing schedules to accomplish the work is a part of Barry's job that he has really enjoyed. The challenges to maintain high rapport and to build a strong team with his employees have already brought him a lot of satisfaction. In reflecting about the last six weeks, Barry concludes that he is very happy about his new job. Which managerial skill is least important at Barry's middle-level management position? A. Conceptual B. Human C. Technical D. All of these skills are vital. E. None of these skills are important.

Business

Answer the following questions with respect to a "depreciation tax shield". A. What is a "depreciation tax shield"? B. What does it generate--a cash inflow or outflow? C. Can it impact the net present value of a capital investment? Why or why not?

Business