Which of the following terms is defined as the set of values that helps an organization's members understand what it stands for, how it does things, and what it considers important?

A. Culture
B. Diversity
C. Ethnicity
D. Folkway


Answer: A

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Savings-and-loan associations suffered losses in the late 1970s when

A. the farm sector of the economy became unprofitable, forcing many farmers into bankruptcy, leading to many bad farm loans. B. inflation rose, causing short-term interest rates to rise. C. oil prices rose sharply, causing S&Ls to lose money invested in the oil sector. D. short-term interest rates fell, causing S&Ls to suffer capital losses on their portfolios of short-term securities.

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Which of the following is not a finding or conclusion of the research study by Ou and Penman that used traditional accounting measures to predict whether a company’s income would increase or decrease?

a. The researchers were unable to describe the following year earnings changes correctly in most cases. b. Markets are not as efficient as efficient-market advocates would like to believe. c. Better accounting standards might improve the predictive ability of accounting information. d. Fundamental analysis is still important for investment purposes.

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Many Internet companies were launched in the early ____

A) 2000s B) 2000's C) 2000s'

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The ICJ is:

a. the Internal Court of Jurisdiction of the U.N. to deal with disputes within the United Nations organization. b. a U.S. court created specifically to deal with international contracts. c. the judicial branch of the United Nations, which has advisory jurisdiction if requested by a U.N. organ or specialized U.N. agency. d. one of the many regional trade communities.

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