Kingsley Phipps, CEO of Red Storm Enterprises, announced to his vice presidents, "Effectively immediately, we will no longer do business with Blue Stone Supplies. I have encountered too many instances of unethical communications from their executives. More specifically, I have heard them ________ to achieve personal gain."

A. speak truthfully, omit negative information, or state opinions as facts
B. exaggerate, omit negative information, or state facts as opinions
C. speak truthfully, omit negative information, or state facts as opinions
D. exaggerate, include negative information, or state opinions as facts
E. exaggerate, omit negative information, or state opinions as facts


Answer: E

Business

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The asset account, Supplies, has a balance of $700 on January 1 . During January, the company purchased $16,000 of supplies on account and the liability was appropriately recorded. A count of supplies at the end of January indicates a balance of $900 . Which one of the following is a correct amount to be reported on the company's financial statements for the month ending January 31?

a. Supplies Expense—$15,800 b. Supplies on Hand—$700 c. Accounts Payable—$15,800 d. Supplies Expense—$16,700

Business

Which one of the following represents the correct order of the tasks of public relations communication efforts?

A. Get attention, stimulate interest, build desire to act, and direct the action B. Stimulate interest, get attention, build desire to act, and direct the action C. Build the desire to act, direct the action, stimulate interest, and get attention D. Direct the action, stimulate interest, get attention, and build the desire to act E. Stimulate interest, build the desire to act, get attention, and direct the action

Business

On February 15, Jewel Company buys 7,000 shares of Marcelo Corp. at $28.53 per share. The purchase is classified as a stock investment with insignificant influence. This is the company's first and only stock investment. On March 15, Marcelo Corp. declares a dividend of $1.15 per share payable to stockholders of record on April 15. Jewel Company received the dividend on April 30 and ultimately sells half of the Marcelo Corp. stock on November 17 of the current year for $29.30 per share. The fair value of the remaining shares is $29.50 per share at year-end. The amount that Jewel Company should report in the current-year income statement from its investment in Marcelo Corp. is:

A. Unrealized Loss-Income; $3,395. B. Unrealized Loss-Equity; $3,395. C. Unrealized Gain-Income; $10,295. D. Realized Gain-Income; $3,395. E. Unrealized Gain-Income; $3,395.

Business

In a corporation, managers are often faced with ethical trade-offs when a certain decision will benefit one group, but harm another

Indicate whether the statement is true or false

Business