Explain the difference between the ethical philosophies of a rights approach and a justice approach
What will be an ideal response?
Using a rights approach, the best decision is the one that does the best job of protecting the moral rights of all those affected. The justice approach is more focused on treating all human beings equally.
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The preference to dividends that preferred shareholders have is
A) the right to receive the appropriate dividend before common shareholders are paid any dividends when dividends are declared. B) the right to accumulate dividends that have not been declared. C) the right to share dividends equally with common shareholders when dividends are declared. D) the right to be paid a minimum dividend each year.
______ is a necessary and distinguishing characteristic of successful organizations.
a. Training and development departments b. Organizational change c. Organizational culture d. Conflict resolution
A master budget worksheet can be prepared on the same form that is used for the income statement
Indicate whether the statement is true or false.
Which of the following is correct regarding a two-for-one stock split?
A) The purpose of the split may be to increase the number of potential stockholders. B) The purpose of the split is to make a distribution to the stockholders. C) After the split, each stockholder will have greater ownership interest in the corporation. D) The value of each share of stock will increase as a result of the split.