I want to do what is best for myself, and I am willing to bargain with others for favors that I offer to provide in return in the future. I am at what stage of moral development?
A. obedience and punishment stage
B. conventional morality stage
C. interpersonal accord and conformity stage
D. individualism and exchange stage
D. individualism and exchange stage
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Which of the following should be classified as an extraordinary item on the income statement?
a. gain on a sale of a long-term investment b. loss due to discontinued operations c. restructuring charges d. loss resulting from an infrequent natural disaster
As of 2011, the _____ is an independent accounting standard-setting entity with 15 voting members from a number of countries
a. Public Companies Accounting Oversight Board (PCAOB) b. International Accounting Standards Board (IASB) c. American Institute of Certified Public Accountants (AICPA) d. World Institute of Certified Public Accountants (WICPA) e. International Institute of Certified Public Accountants (IICPA)
The ________ represents the amount of money a seller makes before any expenses are
subtracted. A) net profit B) return of capital C) gross margin amount D) return on capital
Recruiting and retaining capable employees does NOT entail
A. a large band of capable employees who are actively engaged in the process of making ongoing operating improvements. B. recruiting and retaining capable employees, which is usually much more important to good strategy execution and the achievement of true operating excellence than is assembling a capable top management team. C. adding to a company's talent base and building intellectual capital while foregoing investments in plants, equipment, and capital projects. D. recruiting and retaining capable employees, which is a particularly important organization-building task in enterprises where superior intellectual capital is a key resource and also a basis for competitive advantage. E. the quality of an organization's people, which is always an essential ingredient if critical value chain activities are to be performed competently.