Employees would trust management more if they ________
A) were less visible at key times
B) sought to displace workforce skills
C) communicated more frequently and earlier
D) avoided sharing bad news when necessary
C
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The marketing concept began to emerge in the
A. 1990s. B. 1920s. C. 1930s. D. 1970s. E. 1950s.
Discretionary financing needed must be obtained through additional borrowing because additional
equity measured by the increase in retained earnings has already been deducted. Indicate whether the statement is true or false
In cases of a publicly traded company audit in the United States, when International Standards on Auditing (ISAs) conflict with the PCAOB, standards, which of the following is correct?
A. The ISA is applicable. B. The substance of the conflict should be analyzed, and the ISA or PCAOB treatment that seems more appropriate is applicable. C. Both sets of standards have equal applicability. D. The PCAOB standard is applicable.
Tobey receives 1,000 shares of YouDog! stock as part of his compensation package. Tobey's employment contract with YouDog!, Inc., states that if he leaves before completion of three years of employment, he will forfeit the stock. The stock currently has a fair market value of $12 per share. Which of the following statements regarding Tobey's choices is not true?
A) Tobey does not have to recognize any income from receiving the stock until his rights to the stock are fully vested. B) Tobey must report $12,000 as income due to the receipt of the stock in the current year. C) Tobey may elect to report the $12,000 FMV of the stock as ordinary income in the current year. D) If Tobey elects to report $12,000 as income in the current year and the stock price falls to $5 per share when his rights to the stock are vested, Tobey is not allowed to deduct a loss.