An entity that is organized according to state or federal statutes and in which ownership is divided into shares of stock is a
A) proprietorship
B) corporation
C) partnership
D) governmental unit
B
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Refer to Table 11.4. On Wednesday, the 90-day forward franc was selling at a
a. 0.8 percent premium per annum against the dollar. b. 1.6 percent premium per annum against the dollar. c. 0.8 percent discount per annum against the dollar. d. 1.6 percent discount per annum against the dollar.
Financial statements in which financial data for two or more companies are combined as a single entity are called
a. conventional statements b. consolidated statements c. audited statements d. constitutional statements
______ corporate social responsibility focuses on maximizing profits while obeying the law; it focuses on increasing sales and cutting costs to maximize returns to stockholders.
A. Federal B. Local C. Ceiling D. Legal
Samantha’s organization keeps a large amount of raw materials in stock to guard against market fluctuations. It appears the ________ dimension of cultural diversity is high at Samantha’s organization.
A. assertiveness B. power distance C. in-group collectivism D. uncertainty avoidance E. individualism