Which of the following types of plans is least subject to change because of the time frame involved?
A) Strategic
B) Functional
C) Contingency
D) Tactical
E) Operational
C
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A one page overview that describes a report's most important points is called what?
A) Executive summary B) Table of contents C) Index D) Synopsis E) Appendix
The CEO of a company is a very strong adherent of Milton Friedman’s philosophy. Which of the following actions is she most likely to pursue or support?
a. raising base employee salaries, regardless of performance, to improve workforce health b. voluntarily spending money on ethics training in order to be granted B Corporation status c. lobbying for government deregulation that would allow the company to dispose of its waste more cheaply, even if it hurt the environment d. illegally moving money into shell companies out of the country to avoid taxation
On January 1 of Year 1, Congo Express Airways issued $3,500,000 of 7%, bonds that pay interest semiannually on January 1 and July 1. The bond issue price is $3,197,389 and the market rate of interest for similar bonds is 8%. The bond premium or discount is being amortized using the straight-line method at a rate of $10,087 every six months. The life of these bonds is:
A. 32 years B. 26.5 years. C. 15 years. D. 35 years. E. 30 years.
[The following information applies to the questions displayed below.]Erie Company reports the following comparative balance sheets and income statement information for the current year.
What was the cash received from customers during the year?
A. $280,000 B. $264,000 C. $248,000 D. $296,000