A(n) _____ worker is someone whose occupation is principally concerned with generating or interpreting information as opposed to manual labor.
Fill in the blank(s) with the appropriate word(s).
Ans: knowledge
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56) Regarding the profit margin ratio, which of the following statements is incorrect?
A) The higher the profit margin ratio, the more sales dollars end up as profit. B) The profit margin ratio is computed by dividing net sales by net income. C) The profit margin ratio shows how much net income a business earns on every $1.00 of sales. D) The profit margin ratio focuses on the profitability of a company and is often reported in the business press.
According to generally accepted accounting principles, goodwill is recorded as an asset
A) when favorable factors combine to create goodwill. B) when a company has superior earning power. C) when it is paid for as part of the purchase of a business. D) under no circumstances.
Budgetary slack is an effective motivator for employees, because it reduces employee frustration when goals cannot be achieved
Indicate whether the statement is true or false
Victims of racial discrimination are entitled to recover unlimited compensatory and punitive damages even after the Civil Rights Act of 1991
a. True b. False Indicate whether the statement is true or false