Under the practical rule, for a business decision to be ethical, a manager would NOT be reluctant to communicate the decision to people outside the company when
A. a typical person would be unaware of the harmful implications of the decision.
B. a typical person would consider the decision acceptable.
C. the decision, although unethical, would increase shareholders' wealth.
D. a typical person wouldn't care about the decision.
E. he or she could blame the top management of the firm.
Answer: B
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Jose Consulting paid $880 cash for utilities for the current month. Determine the general journal entry that Jose Consulting will make to record this transaction.
A.
| Cash | 880? | |
| Accounts Payable | 880? |
B.
| Utilities Expense | 880? | |
| Cash | 880? |
C.
| Utilities Expense | 880? | |
| Accounts Payable | 880? |
D.
| Prepaid Utilities | 880? | |
| Accounts Payable | 880? |
E.
| Cash | 880? | |
| Utilities Expense | 880? |
Which financial statement would you analyze to determine its operating performance for the past year?
A) Balance sheet B) Statement of retained earnings C) Income statement D) Statement of cash flows
Alexandra does not feel motivated to work. Although she knows that if she makes an effort she will be able to perform and that the reward for performance is more money, she does not believe that her boss will give her the raise she would earn by her performance. In the expectancy theory equation, Alexandra’s ______ is zero.
A. expectancy B. valence C. process D. instrumentality
A person who has been determined by a court to be mentally competent cannot form a legally binding contract with another party
Indicate whether the statement is true or false