Answer the following statements true (T) or false (F)
1. Supply of safe water is a concern in developing nations, but fortunately not in Canada.
2. Climate change is also referred to as global warming.
3. Environmental audits within a corporation typically focus on particular plants or projects operating in sensitive environmental areas.
4. Corporations should engage in a dialogue with government agencies in order to contribute to the resolution of environmental problems.
5. Government departments can assist corporations in meeting environmental performance objectives.
1. FALSE
2. TRUE
3. FALSE
4. TRUE
5. TRUE
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In what theory does a future leader choose to be led as an equal?
a. Transformational leadership b. Servant leadership c. Authentic leadership d. Followership
Howton & Howton Worldwide (HHW) is planning its operations for the coming year, and the CEO wants you to forecast the firm's additional funds needed (AFN). Data for use in the forecast are shown below. However, the CEO is concerned about the impact of a change in the payout ratio from the 10% that was used in the past to 50%, which the firm's investment bankers have recommended. Based on the AFN equation, by how much would the AFN for the coming year change if HHW increased the payout from 10% to the new and higher level? All dollars are in millions. Last year's sales = S0$300 Last year's accounts payable$50 Sales growth rate = g40% Last year's notes payable$15 Last year's total assets = A0*$500 Last year's accruals$20 Last year's profit margin = PM20% Initial payout ratio10%
New payout ratio50% ? ? A. $28.2 B. $33.6 C. $26.9 D. $30.9 E. $25.5
Which of the following statement(s) is/are true concerning the Montreal Protocol on Substances that Deplete the Ozone Layer?
A) The United States, Mexico and Canada signed it. B) It was not signed by the United States but was signed by 23 other countries. C) It is a treaty that requires all signatories to reduce their production and consumption of all chemicals. D) It is a treaty that requires all signatories to reduce their production and consumption of only CFC's.
In deciding to implement analytical procedures, what are some factors the auditor will consider in determining a tolerable difference between the expectation and the recorded amount?
What will be an ideal response?