Which of the following is the term for a practice where the effective dates on stock options are deliberately changed for the purpose of securing extra pay for management?

a. Backtracking
b. LEAP
c. Arbitrage
d. Backdating


d
FEEDBACK: a. Incorrect.
b. Incorrect.
c. Incorrect.
d. Correct.

Business

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______ agencies provide part- or full-time help for limited periods of time.

A. Temporary B. Permanent C. Contingency D. Forecast

Business

For which of the following would an organization most likely engage in new-task buying?

A. a small portable welding machine for use in making repairs B. a new desk chair to replace one that had broken C. a new desktop copying machine D. dishwashing detergent for use in a restaurant E. a 10,000-square-foot prefabricated steel building for use as a warehouse

Business

Use the following information about the current year's operations of a company to calculate cash provided (used) by operations.    Net loss$6,000 Decrease in Accounts Payable 5,000 Increase in Accounts Receivable 3,000 Decrease in Merchandise Inventory 5,000 Increase in Salaries Payable 3,000 Depreciation Expense 9,000 Loss on Sale of Machinery 7,000 

A. $(4,000). B. $(14,000). C. $(28,000). D. $10,000. E. $2,000.

Business

If a manufacturer of a consumer product tells a buyer that he is selling it with no warranties, there is a violation of the Magnuson-Moss Warranty Act

Indicate whether the statement is true or false

Business