One of the most critical roles of the board of directors is to create incentives that align the interests of the CEO and top executives with the interests of shareholders.
Answer the following statement true (T) or false (F)
True
Managerial incentives, sometimes called contract-based outcomes, consist of reward and compensation agreements for managers. Here the goal is to carefully craft managerial incentive packages to align the interests of management with those of the stockholders.
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Apollo Company incurred the following infrequent losses during 2014: • A loss of $550,000 on disposal of two of three similar manufacturing plants; company continues to operate the third plant. • A loss of $150,000 from a write-down of inventories to market. • Shutdown losses from a major strike at one of Apollo's plants totaled $340,000. • A loss of $140,000 due to early extinguishment
of long-term debt. In its 2014 income statement how much should Apollo report as total infrequent losses that are not considered extraordinary? a. $630,000 b. $1,040,000 c. $890,000 d. $1,180,000
Which of the following is/are not examples of a period expense?
a. the president's salary b. accounting and information systems costs c. accounting and information systems costs d. support activity costs such as legal services, employee training, and corporate planning. e. the factory foreman's salary
All of the following have been identified as providing a social context in which bullying can occur except:
A. An over-abundance of supervision B. Social inequities in the workplace C. Allowing jobs to be done in isolation D. A department with low employee morale
________ is a process by which marketers search for unique groups of people whose needs can be addressed through more specialized products.
A. Targeted diversification B. Product segmentation C. Market aggregation D. Demarketing E. Market segmentation