Which is NOT a characteristic of an ethically transformed organization?
A. exceeds legal requirements
B. reacts to destructive behavior
C. swiftly punishes misbehavior
D. seeks to prevent destructive behaviors
B. reacts to destructive behavior
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Which of the following describes a stakeholder?
A. Information about a competitive environment. B. A leadership plan that achieves a specific set of goals or objectives. C. A feature of a product or service on which customers place a greater value. D. A person or group that has an interest or concern in an organization.
A justified departure from GAAP may result in which of the following?
a. A disclaimer of an audit opinion. b. An adverse opinion. c. An unqualified audit opinion with an explanatory paragraph before the opinion paragraph or a qualified opinion. d. A standard unqualified opinion.
Zipee Inc's unit selling price is $90, the unit variable costs are $40.50, fixed costs are $170,000, and current sales are 12,000 units. How much will operating income change if sales increase by 5,000 units?
A) $125,000 decrease B) $175,000 increase C) $75,000 increase D) $247,500 increase
The return on assets compares ________ to average total assets during the year
a. net operating income b. net income c. net sale d. net cash flow