______ is a very broad set of concepts that deal with the differences among people within organizations.

A. Diversity
B. EEO
C. Affirmative action
D. Civil rights


A. Diversity

Business

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Pricing below cost can be profitable in the long term

Indicate whether the statement is true or false

Business

The last step in a typical control system is

A. comparing performance against the standards. B. measuring performance. C. taking action to correct problems. D. revising standards. E. setting performance standards.

Business

A peremptory challenge to a prospective juror generally can be exercised without giving a reason

Indicate whether the statement is true or false

Business

The revenue agent who audited the Form 1120 filed by LCW Inc. recharacterized $125,000 of the salary paid to Ms. Lewis (LCW's president and controlling shareholder) as a constructive dividend. LCW's marginal tax rate is 21%, and Ms. Lewis' marginal tax rate is 32%. Which of the following is not a consequence of the recharacterization?

A. LCW's taxable income will increase. B. Ms. Lewis' income tax liability will decrease. C. Ms. Lewis' payroll tax liability will decrease. D. Ms. Lewis' taxable income will increase.

Business