The designations “top”, “middle”, and “first line” classify managers on the basis of their ____ rank in the organization.

a. Horizontal
b. Vertical
c. Top
d. Middle


b. Vertical
The designations “top,” “middle,” and “first line” classify managers on the basis of their vertical rank in the organization.

Business

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In an inflationary environment, which inventory cost flow method, FIFO or LIFO, reports the lowest amount of net income?

What will be an ideal response?

Business

At the quarterly meeting of Tangshan Mining Corporation, held on September 10th, the directors declared a $1.00 per share dividend for the firm's 100,000 shares of common stock outstanding

The net effect of declaring and paying this dividend would be to ________. A) decrease total assets by $100,000 and increase stockholders equity by $100,000 B) decrease total assets by $100,000 and decrease stockholders equity by $100,000 C) increase total assets by $100,000 and increase stockholders equity by $100,000 D) increase total assets by $100,000 and decrease stockholders equity by $100,000

Business

The two principal legal theories under which a plaintiff may prove a case of unlawful employment discrimination are disparate treatment and disparate impact

Indicate whether the statement is true or false

Business

Two confidence interval estimates were developed from the same sample of a population. The wider interval will be the one that has the higher confidence level

Indicate whether the statement is true or false

Business