Toll-free telephone numbers that employees can use anonymously to report waste, fraud, or abuse are examples of a(n):
A. ethical dilemma.
B. grievance procedure step.
C. employee-voice system.
D. union intervention.
Answer: C
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The comparative balance sheets for Flagler Co for 2015 and 2014 indicate that accounts receivable decreased during 2015 . Flagler uses the indirect method of preparing the operating activities section of its statement of cash flows. How will the decrease in accounts receivable be reported on the statement of cash flows?
a. It will be included in the amount of cash and cash equivalents at the end of 2015. b. It will be deducted from net income in the operating activities section. c. It will be added to net income in the operating activities section. d. It will be reported as a cash outflow in the investing activities section.
In a ____________, regional and/or country managers are given substantial autonomy to adapt strategies to fit local situations.
A. global area division structure B. regional lattice structure C. regional headquarters structure D. global product division structure E. global transnational division structure
A company received a bank statement with a balance of $6,100. Reconciling items included a bookkeeper error of $400—a $400 check recorded as $800—two outstanding checks totaling $810, a service charge of $24, a deposit in transit of $270, and interest revenue of $21. What is the adjusted bank balance?
A) $5,205 B) $5,160 C) $4,757 D) $5,560
The cost principle relates most closely to the
a. recognition point. b. recognition issue. c. valuation issue. d. classification issue.