The equation that describes the relationship between the balance sheet and the income statement through the Retained Earnings account is as follows: Retained Earnings (beginning) + Net Income - Dividends = Retained Earnings (ending)
Indicate whether the statement is true or false
T
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Which of the following can be defined as the use of unique features of the human body to create secure access controls?
a. Digital Signatures b. Passwords c. Biometrics d. Firewalls
The margin of safety is the amount:
a. by which the sales price per unit exceeds the variable cost per unit. b. that the contribution margin exceeds fixed cost. c. by which the profit calculated under absorption costing exceeds the profit calculated under variable costing. d. that sales can decrease before the company will suffer a loss.
When Jack was first hired at Acme Global, he was assigned to a virtual mentoring group of new employees and managers before his first day of work. The group built an online community that helped Jack learn more about the culture of Acme Global. This is an example of how social media is used in ______.
A. recruitment and selection B. onboarding C. training and development D. performance management
Counterarguments to the "protect domestic jobs from cheap foreign labor" argument include that
A. comparative advantage recognizes cheap labor as a competitive right. B. the labor rate is not all of the labor cost. C. wage rates are incidental. D. cheap foreign labor is a natural occurrence.