Which of the following is true about dividends?
A. Dividends are paid at the discretion of the shareholders.
B. Dividends cannot be used for corporate purposes.
C. Dividends will be paid to shareholders who have sold their shares prior to the record date.
D. Dividends in cash or property, once declared, cannot be revoked.
Answer: D
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Indicate whether the statement is true or false
Tranquil Beaches owns six hotels in Hawaii, collectively known as the Hawaiian Division. The various hotels, including the Surf & Sun, have operating departments (such as Maintenance, Housekeeping, and Food and Beverage) that are evaluated as either cost centers or profit centers. The Food and Beverage Department, for example, is a profit center, with activities divided into three segments: Banquets and Catering, Restaurants, and Kitchen. If Tranquil Beaches uses a performance-reporting system that is based on responsibility accounting, which of the following disclosures is likely to occur?
A. The Food and Beverage profit at the Surf & Sun will appear on Tranquil Beaches' performance report. B. The profit of the Surf & Sun hotel will appear on the Hawaiian Division's performance report. C. The Food and Beverage Department's profit will appear on Kitchen's performance report. D. The profit of the Surf & Sun hotel will appear on Food and Beverage's performance report. E. The detailed operating costs of the Surf & Sun's Kitchen Department will appear on the Hawaiian Division's performance report.
The problem that occurs when respondents rate everything as average is called:
A) bipolarity. B) central tendency. C) halo effect. D) leniency.
Work schedules that allow employees to select, within broad parameters, the hours they work is called
A. job sharing. B. flextime. C. a nine-eighty schedule. D. a compressed work schedule. E. a traditional work schedule.