Many companies use MACRS (Modified Accelerated Cost Recovery System) depreciation for
a. financial reporting purposes and a different method for tax purposes.
b. financial reporting purposes because depreciation is not allowed for tax purposes.
c. tax purposes because it results in a larger net income in the early years of a plant asset's life
d. tax purposes because of a desire to report higher expenses in early years in order to pay lower taxes.
d
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Which of the following international treaty on global warming was adopted with the Rio Declaration?
A. the Western Climate Initiative B. the Kyoto Protocol C. the United Nations Convention on the Law of the Sea D. the United Nations Framework Convention on Climate Change
Corporate social responsibility (CSR) has been defined by the European Commission (2005) as existing when:
a. Companies integrate social and environmental concerns in their business operations and in their interactions with their stakeholders on a voluntary basis b. Companies do the right thing c. Companies maintain their immediate environment in pristine shape d. All of the above
Broadbanding refers to collapsing of many traditional salary grades into a few wide salary bands.
Answer the following statement true (T) or false (F)
The highest level of awareness occurs when customers mention a specific brand name when asked about a product or service. Marketers call this
A. the primacy effect. B. category dominance. C. aided recall. D. elevated awareness. E. top-of-mind awareness.